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WGU Data-Driven-Decision-Making Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Probability & Statistical Inference | 20% | - Correlation vs. causation - Hypothesis testing, p-values, confidence intervals - Probability rules, distributions, expected value |
| Foundations of Data-Driven Decision Making | 20% | - Types of analytics: descriptive, predictive, prescriptive - Role of data in business decisions - Ethics, privacy, and data governance |
| Statistical Concepts & Descriptive Analytics | 25% | - Data visualization: charts, graphs, dashboards - Measures of central tendency, dispersion, distribution - Data types, measurement scales, sampling methods |
| Decision Models & Prescriptive Analytics | 15% | - Quality & process improvement tools - Decision trees, payoff matrices, expected value - Optimization, sensitivity analysis |
| Predictive Analytics & Regression | 20% | - Interpreting coefficients, R-squared, significance - Forecasting & trend analysis - Simple & multiple linear regression |
WGU VPC2Data-Driven Decision MakingC207 Sample Questions:
Which element of an experimental study is described as the procedures applied to each subject?
- A. Inputs
- B. Responses
- C. Treatments
- D. Experimental units
Correct Answer: C 🗳️
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A student is surveying chief executive officers to understand their levels of satisfaction with work-life balance over a period of three years. The student receives responses to a survey with a question regarding how many hours a week each CEO works. Which statistical approach should be used to summarize the data for analysis?
- A. Bell curve
- B. Median
- C. Mean
- D. Scatterplot
Correct Answer: C 🗳️
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Which distribution would have a mean and median that are approximately equal after an analysis of each employee's number of customer service calls over the last month?
- A. Pareto distribution
- B. Bimodal distribution
- C. Normal distribution
- D. Multimodal distribution
Correct Answer: C 🗳️
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Which type of study is also known as a quasi-experimental study?
- A. Blind study
- B. Hypothesis testing
- C. Observational study
- D. Content validity
Correct Answer: C 🗳️
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A nonprofit organization is asking for donations. It hopes to design an email campaign that will ensure it receives at least $50,000. The campaign will reach 10,000 donors and receive donations with a mean of $10 and a standard deviation of $5.
Which measure should be used to determine the probability of the campaign receiving $50,000?
- A. Median
- B. Z-score
- C. R-squared
- D. T-statistic
Correct Answer: B 🗳️
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