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

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WGU VPC2Data-Driven Decision MakingC207 Sample Questions:

1. How do a run chart and a control chart differ?

A) They are the same, except a run chart includes limits or constraints that a process should not exceed.
B) They are the same, except a control chart includes limits or constraints that a process should not exceed.
C) A control chart reveals trends in manufacturing problems over time, whereas a run chart is essentially a snapshot in time.
D) A run chart reveals trends in manufacturing problems over time, whereas a control chart is essentially a snapshot in time.

2. Which performance metric simultaneously accounts for financial, customer, internal process, and learning metrics?

A) Income statement
B) Customer complaint report
C) Balance sheet
D) Balanced scorecard

3. Which two types of graphs illustrate and analyze measurements or trends over time?
Choose 2 answers.

A) Check sheet
B) Control chart
C) Run chart
D) Pareto chart

4. What is an appropriate management use of statistics?

A) Implementing changes based on customer survey response rate
B) Understanding the demographics of customers
C) Justifying organizational decisions after they have been implemented
D) Ordering product for a region based on one store

5. 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) Five percent of the subjects did not like the advertisement.
B) Ninety-five percent of the subjects liked the brand.
C) The advertisement was effective in increasing sales.
D) The advertisement was effective in building brand awareness.

Solutions: