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WGU Data-Driven-Decision-Making Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Predictive Analytics & Regression | 20% | - Simple & multiple linear regression - Forecasting & trend analysis - Interpreting coefficients, R-squared, significance |
| Foundations of Data-Driven Decision Making | 20% | - Role of data in business decisions - Types of analytics: descriptive, predictive, prescriptive - Ethics, privacy, and data governance |
| Statistical Concepts & Descriptive Analytics | 25% | - Data visualization: charts, graphs, dashboards - Measures of central tendency, dispersion, distribution - Data types, measurement scales, sampling methods |
| Decision Models & Prescriptive Analytics | 15% | - Quality & process improvement tools - Decision trees, payoff matrices, expected value - Optimization, sensitivity analysis |
| Probability & Statistical Inference | 20% | - Correlation vs. causation - Probability rules, distributions, expected value - Hypothesis testing, p-values, confidence intervals |
WGU VPC2Data-Driven Decision MakingC207 Sample Questions:
Which process is considered a statistical process control activity?
- A. Forecasting future consumer demand for a new product
- B. Aligning marketing strategy with manufacturing capabilities
- C. Evaluating consumer complaints about manufacturing defects
- D. Determining if the precision of a manufactured product is within a tolerable range
Correct Answer: D 🗳️
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What happens when an organization focuses on customers?
- A. It ensures consistency and efficiency among organization-wide activities.
- B. It decreases costs for the organization and its suppliers.
- C. It leads to an increase in revenue and market share.
- D. It reduces bias and fosters trust in decisions and plans.
Correct Answer: C 🗳️
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What is a primary objective of the Six Sigma quality management system?
- A. Approaching perfection in manufacturing operations
- B. Producing a balanced scorecard
- C. Providing an organizational roadmap for project managers and operations managers
- D. Establishing ISO 9000 standards for excellence
Correct Answer: A 🗳️
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A professional services firm is undergoing a business process improvement exercise to improve productivity, staff morale, and client satisfaction. Management compensation will be tied specifically to improvement in productivity during the fiscal year. Which tool should be used to quantify a measurable standard to help the company track the productivity goal for the fiscal year?
- A. Net promoter score
- B. Key performance indicator
- C. Balanced scorecard
- D. Results-based management
Correct Answer: B 🗳️
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What does prevalence measure when studying disease frequency?
- A. Only past cases of a disease
- B. All existing cases of a disease
- C. Only new cases of a disease
- D. Potential future cases of a disease
Correct Answer: B 🗳️
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