GENERAL SOLUTIONS 101

WGU C207 Data Driven Decision Making Module 2 Exam (Answered) Which of the following is NOT an application of statistics in business? a Determine the internet advertiser that will reach the most people from extensive page view data. b Determine a target market based on information on household incomes throughout the country. c Predict trends in certain investments of big companies from previous results of Fortune 100 companies. d Forecast likelihood of board of director decisions from...

WGU C207 Data Driven Decision Making Module 1 Exam (Answered) Quantitative analysis is another name for what? statistics If a dataset is presented on a scale of hours per week, which measurement scale is used? ratio The use of data, statistical and quantitative analysis, explanatory and predictive models, and fact-based management to drive decisions and add value is called ________. Analytics Analytics makes use of all these things to drive decision-making and add value. First, second, t...

WGU C 207 Data Driven Decision Making Exam Questions And Answers, Complete Solution Blind Study A study performed where the participants are not told if they are in the treatment group or control group Interval Data Data that is ordered within a range and with each data point being an equal interval apart Reliable Data Data that is consistent and repeatable Systematic Errors Errors in measurement that are constant within a data set, sometimes caused by faulty equipment or bias Triple B...

WGU C207 Data-Driven Decision Making Exam Guide, Answered (Verified Solution) Define analytics Turning information into knowledge and developing fact based strategies to gain a competitive edge. Descriptive/Diagnostic analytics Encompasses the set of techniques that describes what has happened in the past. Predictive analytics Consists of techniques that use models constructed from past data to predict the future or ascertain the impact of one variable on another. Prescriptive analytics ...

WGU C207 Data Driven Decision Making Exam (Answered) Verified Solution Frame the Problem, Solving the Problem and Communicating Results are part of which decision making model? Davenport-Kim three-stage model In which stage of the Davenport-Kim model is problem recognition? Framing the problem In which stage of the Davenport-Kim model is data collection? Solving the problem What is a key reason we study statistics? To make informed decisions Visually presenting the data assists in whi...

WGU C207 Data Driven Decision Making Terms (Complete Solutions) Activities (RBM stage) second step involves the process that converts inputs to outputs (actions necessary to produces results - training, evaluating, developing) Alternative hypothesis The argument that either a sample is not equal to, greater than, or less than the hypothesized null sample Analysis of Variance (ANOVA) a technique used to determine if there is a sufficient evidence from sample data of three or more populati...

NHS Pathways DLP Questions and Answers 2022 How long after being deprived of oxygen do cells start to die? After 3-5 minutes What is shock? Life-threatening condition that occurs when the cardiovascular system fails for some reason, and is unable to circulate adequate amounts of oxygen around the body. List the features of shock Skin is cold & clammy Very weak Unable to stand up Pale skin (even blue or grey) What does AED stand for? automated external defibrillator The resuscitatio...

BMAL 590 Global Dimensions of Business (Answered) Complete Solution Overall, strategy is None of the above Much of our knowledge about "the firm" is from research on firms in Anglo-American capitalism The word ________ has now become the most famous Chinese business word to appear English-language media and means interpersonal networks Guanxi "Global Strategy" refers to All of the above Global strategies have reached new levels of significance because of three defining events: Terr...

BMAL 590 Business Finance Complete Solution 2022 A company's balance sheet shows the value of assets, liabilities, and stockholders' equity At a specific point in time On a balance sheet, retained earnings are not "unspent cash" because They have been used to finance the firm's assets For both managers and external financial analysts, ________ is the single most important accounting number found on the income statement Net income (net profit after tax) Earnings per share (EPS) is cal...

BMAL 590 Business Ethics Exam 2022 with complete solution The study of business ethics is important to better understand all of the following EXCEPT That business ethics is merely an extension of an individual's own personal ethics Social responsibility is An organization's obligation to maximize its positive effects and minimize its negative effects on stakeholders Which of the following was (were) developed in 1980s to encourage corporate support for ethical conduct by establishing a ...