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WGU Data-Driven-Decision-Making Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Decision Models & Prescriptive Analytics | 15% | - Quality & process improvement tools - Optimization, sensitivity analysis - Decision trees, payoff matrices, expected value |
| Topic 2: Predictive Analytics & Regression | 20% | - Simple & multiple linear regression - Forecasting & trend analysis - Interpreting coefficients, R-squared, significance |
| Topic 3: Statistical Concepts & Descriptive Analytics | 25% | - Data visualization: charts, graphs, dashboards - Measures of central tendency, dispersion, distribution - Data types, measurement scales, sampling methods |
| Topic 4: Foundations of Data-Driven Decision Making | 20% | - Types of analytics: descriptive, predictive, prescriptive - Ethics, privacy, and data governance - Role of data in business decisions |
| Topic 5: 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:
1. Which exam type compares one student's performance on a test to other students' performance?
A) A criterion-referenced test
B) A norm-referenced test
C) An ad hoc test
D) An essay test
2. A nonprofit organization ran a fundraiser and would like to determine the amount of a typical donation.
Which statistic is less affected by outliers and skewed data and should be used to determine the amount of a typical donation?
A) Mode
B) Mean
C) Z-score
D) Median
3. A boutique specializing in gifts reviews its sales data over the last year. It observes a slow decline in revenue in the first quarter, a growth in revenue in the second quarter, a slight decline in revenue in the third quarter, and a rapid increase in revenue in the fourth quarter.
Which data pattern type can the sales data be assessed against?
A) Random variation
B) Irregularity
C) Seasonality
D) Cyclicality
4. 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) The advertisement was effective in increasing sales.
B) Five percent of the subjects did not like the advertisement.
C) The advertisement was effective in building brand awareness.
D) Ninety-five percent of the subjects liked the brand.
5. A county government is creating a budget for the next fiscal year. They wish to use analytics to guide their decisions about costs. Which analytic method can the county apply to this issue?
A) Median number of projects completed last year
B) Average number of projects completed
C) Average cost per project spent by other similar counties
D) Median cost for all county projects
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: C |
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