WGU Data-Driven-Decision-Making : VPC2Data-Driven Decision MakingC207

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WGU Data-Driven-Decision-Making Exam Syllabus Topics:

WGU VPC2Data-Driven Decision MakingC207 Sample Questions:

1. What is the formula for calculating a simple index number?

A) The base year's price divided by the current price times 100
B) The current price divided by the base year's price times 100
C) The current price divided by the base year's price
D) The base year's price divided by the current price

2. A firm seeks to sharply reduce sales lead times to enhance sales effectiveness and productivity. Which action should the firm take to accomplish this?

A) Prepare a media campaign
B) Implement additional quality assurance measures
C) Deploy a customer relationship management tool
D) Increase the research and development budget

3. What is the primary goal of Six Sigma?

A) Fostering a commitment to continuous improvement
B) Furthering a commitment to the SIPOC process
C) Demonstrating strong management leadership
D) Providing collaborative planning, forecasting, and replenishment

4. A researcher wants to estimate the average wholesale price of a gallon of gas in the United States. Several gas station owners along the East Coast are asked what price they pay wholesale for a gallon of gas. The researcher then averages these values for the sample mean price of a gallon of gas. Which problem would be discovered if this researcher's work were evaluated?

A) There is response bias in the data.
B) There is conscious bias in the data.
C) There is faulty calibration in the data collection.
D) The sample data are not representative of the population.

5. A school board has nine voting members. Five members need to be chosen each year for the finance committee. Why should the combination technique be used when selecting committee members?

A) Because there is a correlation between committee member meeting attendance and selection
B) Because the selection order of committee members is important
C) Because there is not a correlation between committee member meeting attendance and selection
D) Because the selection order of committee members is not important

Solutions: