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WGU VPC2Data-Driven Decision MakingC207 Sample Questions:

1. The daily sales from a salon are normally distributed with a mean of $1,500 and a standard deviation of $250.
The salon owner notices that sales were $750 on a particular day.
Why should the owner be concerned about sales based on this scenario?

A) Sales of $750 are outside three standard deviations of the mean.
B) Sales of $750 are within two standard deviations of the mean.
C) Sales of $750 are within three standard deviations of the mean.
D) Sales of $750 are two standard deviations of the mean.

2. What was the cumulative incidence rate during Year 2 at the university?

A) 17.87%
B) 3.70%
C) 10.04%
D) 11.84%

3. What is a disadvantage of using a balanced scorecard?

A) It is expensive to implement effectively within an organization's operations.
B) It requires time and effort to develop a meaningful template.
C) It does not link operations with company strategy.
D) It does not include a mix of financial and nonfinancial performance measures.

4. Which type of analytics classification uses experimental design and optimization to suggest a course of action?

A) Prescriptive analytics
B) Diagnostic analytics
C) Descriptive analytics
D) Predictive analytics

5. A digital marketing manager wants to determine whether conversion rates from the company's latest email campaign are about the same as the industry average or significantly different. Which statistical concept should be used to measure the data set?

A) Bell curve
B) Median
C) Standard deviation
D) Mean

Solutions: