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WGU VPC2Data-Driven Decision MakingC207 Sample Questions:

1. Which statement is an accurate reflection of an analytical decision made by a for-profit organization?

A) Optimize profit using linear programming.
B) Optimize profit using hardware programming.
C) Optimize profit using software programming.
D) Optimize profit using social programming.

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

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

3. What is a primary objective of the Six Sigma quality management system?

A) Establishing ISO 9000 standards for excellence
B) Approaching perfection in manufacturing operations
C) Producing a balanced scorecard
D) Providing an organizational roadmap for project managers and operations managers

4. What must be analyzed using powerful analytic tools?

A) Inferential statistics
B) Data analysis results
C) Big data
D) Small, independent data sets

5. A manager has been assigned to manage a digital marketing analytics team. The manager tasks the team with determining similarities among existing customers in the company's database, such as similarities in products purchased, location, and the average amount spent per order among existing customers.
Which type of activity will help the team accomplish this task?

A) Linear programming
B) Touchpoint analysis
C) Regression analysis
D) Data mining

Solutions: