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WGU VPC2Data-Driven Decision MakingC207 Sample Questions:

1. 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

2. A manager has been assigned to manage a digital marketing analytics team. The manager tasks the team with determining similarities among existing customers in the company's database, such as similarities in products purchased, location, and the average amount spent per order among existing customers.
Which type of activity will help the team accomplish this task?

A) Data mining
B) Touchpoint analysis
C) Regression analysis
D) Linear programming

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

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

4. How does a balanced scorecard (BSC) differ from a key performance indicator (KPI)?

A) A BSC and a KPI are identical except that a BSC is used in business settings, and a KPI is used exclusively by governmental agencies.
B) A BSC aligns with just one aspect of an organization's success, whereas a KPI allows managers to simultaneously view performance in several areas.
C) A KPI aligns with just one aspect of an organization's success, whereas a BSC allows managers to view performance in several areas.
D) A BSC and a KPI are identical except that a BSC is a measurement of metrics over time, and a KPI is a snapshot of success at one point in time.

5. When researchers are studying the effect of new drug treatments on patients, bias can be introduced by patients if they are aware of who receives the placebo.
Which type of research design eliminates this type of bias?

A) Time series study
B) Prospective cohort study
C) Blind study
D) Observational study

Solutions: