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

SectionWeightObjectives
Topic 1: Foundations of Data-Driven Decision Making20%- Types of analytics: descriptive, predictive, prescriptive
- Ethics, privacy, and data governance
- Role of data in business decisions
Topic 2: Predictive Analytics & Regression20%- Simple & multiple linear regression
- Interpreting coefficients, R-squared, significance
- Forecasting & trend analysis
Topic 3: Probability & Statistical Inference20%- Hypothesis testing, p-values, confidence intervals
- Probability rules, distributions, expected value
- Correlation vs. causation
Topic 4: Statistical Concepts & Descriptive Analytics25%- Data visualization: charts, graphs, dashboards
- Data types, measurement scales, sampling methods
- Measures of central tendency, dispersion, distribution
Topic 5: Decision Models & Prescriptive Analytics15%- Optimization, sensitivity analysis
- Decision trees, payoff matrices, expected value
- Quality & process improvement tools

WGU VPC2Data-Driven Decision MakingC207 Sample Questions:

1. A student with a degree is presumed to already have a bachelor's degree. Which type of data does this represent?

A) Ratio data
B) Interval data
C) Nominal data
D) Ordinal data


2. A hospital hires a third-party company to train its surgery team on the latest techniques and assess the team's current procedures in the operating room.
Which results-based management (RBM) stage is represented in this scenario?

A) Output
B) Activities
C) Outcome
D) Input


3. Which type of analysis determines whether there was a significant difference in the average donor solicitation amount between three nonprofit hospital events?

A) ANOVA
B) Time series
C) Cluster
D) Logistic regression


4. What is a disadvantage of using a balanced scorecard?

A) It does not link operations with company strategy.
B) It requires time and effort to develop a meaningful template.
C) It does not include a mix of financial and nonfinancial performance measures.
D) It is expensive to implement effectively within an organization's operations.


5. What are two qualities of key performance indicators (KPIs)?
Choose 2 answers.

A) They often follow SMART criteria.
B) They require little to no ongoing maintenance.
C) They are flexible and easily changed.
D) They can be used as a tool for internal benchmarking.


Solutions:

Question # 1
Answer: C
Question # 2
Answer: B
Question # 3
Answer: A
Question # 4
Answer: B
Question # 5
Answer: A,D

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