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WGU Data-Driven-Decision-Making Exam Syllabus Topics:

SectionObjectives
Topic 1: Probability and Statistical Inference- Sampling methods and sampling error
- Probability concepts and distributions
Topic 2: Data Fundamentals and Business Analytics- Data types and data collection methods
- Descriptive statistics (mean, median, variance, standard deviation)
Topic 3: Regression and Correlation Analysis- Linear regression modeling
- Interpreting correlation and causation
Topic 4: Hypothesis Testing- t-tests, chi-square tests, and significance testing
- Null and alternative hypotheses
Topic 5: Decision Making Models- Decision trees and expected value analysis
- Risk and uncertainty in decision-making

WGU VPC2Data-Driven Decision MakingC207 Sample Questions:

Question #1

A normally distributed data index of vehicle safety ratings has a mean of 100 and a standard deviation of 15.
What is the probability that a randomly selected vehicle safety score from the data set will be between 85 and
115?

  • A. 99.7%
  • B. 68.8%
  • C. 100%
  • D. 95.4%
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #2

What are two benefits of good data quality management in improving business decision-making?
Choose 2 answers.

  • A. It begins the statistical process faster.
  • B. It mitigates undetected errors from the data-entry process.
  • C. It ensures there are no missing data points.
  • D. It guarantees that a sample will be statistically significant.
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Correct Answer: B,C  🗳️

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Question #3

Which two results occur when the null hypothesis is accepted using an F-test?
Choose 2 answers.

  • A. There appears to be no difference between the two samples.
  • B. The test statistic is less than the critical value.
  • C. The test statistic is greater than the critical value.
  • D. There appears to be a difference between the two samples.
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Correct Answer: A,B  🗳️

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Question #4

A bakery owner would like to know how many cakes to sell for monthly profit to equal zero. Which analysis method should the owner perform?

  • A. Break-even
  • B. Crossover
  • C. T-test
  • D. ANOVA
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Correct Answer: A  🗳️

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Question #5

Research data indicate 95% confidence in a study in which subjects who were shown a product advertisement exhibited brand awareness compared to a control group who did not see the advertisement.
What can be concluded from this study?

  • A. The advertisement was effective in building brand awareness.
  • B. Five percent of the subjects did not like the advertisement.
  • C. Ninety-five percent of the subjects liked the brand.
  • D. The advertisement was effective in increasing sales.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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