Less time for high efficiency

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WGU VPC2Data-Driven Decision MakingC207 Sample Questions:

1. A financial analyst theorizes that commute times increase as the percentage of land availability for homes in a city decreases. To test this theory, the analyst uses a regression analysis. Which analysis result is supportive of this analyst's theory?

A) The R-squared value is 0.90.
B) The p-value for the regression coefficient is 1.
C) The R-squared value is 0.10.
D) The p-value for the regression coefficient is 0.50.

2. Which process is designed to proactively prevent a problem?

A) Plan-do-check-act activity
B) Quality control
C) Quality assurance
D) Common cause variation activity

3. What is the purpose of linking strategy to performance assessment in an organization?

A) To provide a target of where an organization needs or desires to be
B) To decrease the organization's action plans
C) To translate the organization's mission for only team players
D) To increase the organization's data collection

4. A political ballot gives voters the option to vote for one of three candidates. Eight voters cast their ballots.
Which statistical rule should be used to determine the possible voting outcomes?

A) Combination
B) Multiplication principle
C) Conditional probability
D) Bayes ' theorem

5. In an experimental study, researchers are testing a new flea preventive medication on dogs using a blind study. Dogs are treated with the new medication or with a placebo.
Who should know which dogs are given the medication or the placebo for this blind study?

A) The researchers, the dog owners, and the response gatherers
B) Only the dog owners
C) Neither the researchers nor the dog owners nor the response gatherers
D) Only the researchers

Solutions: