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WGU VPC2Data-Driven Decision MakingC207 Sample Questions:

1. 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 guarantees that a sample will be statistically significant.
D) It ensures there are no missing data points.

2. Which input could be used to create and evaluate a process that would improve an organization's performance?

A) Data gathered from a customer survey
B) Rules and regulations imposed on the banking industry
C) Information from an employee handbook
D) Suggestions from a close competitor

3. 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) Five percent of the subjects did not like the advertisement.
B) The advertisement was effective in increasing sales.
C) The advertisement was effective in building brand awareness.
D) Ninety-five percent of the subjects liked the brand.

4. What is the primary goal of Six Sigma?

A) Fostering a commitment to continuous improvement
B) Furthering a commitment to the SIPOC process
C) Demonstrating strong management leadership
D) Providing collaborative planning, forecasting, and replenishment

5. A company runs a regression analysis to identify the impact of volume on demand, which can be shown as an equation y = 50x + 10. Which volume is needed to produce a demand of 10,510?

A) 525
B) 525,610
C) 208
D) 210

Solutions: