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WGU Data-Driven-Decision-Making Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Hypothesis Testing | - t-tests, chi-square tests, and significance testing - Null and alternative hypotheses |
| Topic 2: Decision Making Models | - Risk and uncertainty in decision-making - Decision trees and expected value analysis |
| Topic 3: Regression and Correlation Analysis | - Linear regression modeling - Interpreting correlation and causation |
| Topic 4: Probability and Statistical Inference | - Sampling methods and sampling error - Probability concepts and distributions |
| Topic 5: Data Fundamentals and Business Analytics | - Data types and data collection methods - Descriptive statistics (mean, median, variance, standard deviation) |
WGU VPC2Data-Driven Decision MakingC207 Sample Questions:
1. 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) Results-based management
B) Balanced scorecard
C) Net promoter score
D) Key performance indicator
2. For which situation could a scatter diagram be used?
A) Demonstrating a visual precedence of a prioritization matrix
B) Demonstrating a significant difference between the frequencies of two groups of data
C) Demonstrating a significant difference between the means of two groups of data
D) Demonstrating a relationship between variables
3. What is the basic difference between evaluating costs and benefits in the public and private sectors?
A) Private projects generate considerable revenue.
B) The costs associated with public projects are minimal.
C) The benefit of private projects is general public welfare.
D) The benefits of public projects are easily quantifiable.
4. A researcher seeks to pass a bond issue and asks a sample of respondents who have a bachelor's degree if they are voting in favor of the bond because it would be beneficial to the county.
Which type of error does this represent?
A) Selection bias
B) Response bias
C) Faulty operationalization
D) Confusion of association and causality
5. Which type of analysis determines whether there was a significant difference in the average donor solicitation amount between three nonprofit hospital events?
A) Logistic regression
B) Cluster
C) ANOVA
D) Time series
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: C |






