Data-Driven-Decision-Making PDF Practice Q&A's

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WGU VPC2Data-Driven Decision MakingC207 Sample Questions:

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


2. The U.S. Postal Service wants to know if local first-class mail is being delivered within two days of postmark.
Which key performance indicator (KPI) should the Postal Service use?

A) Employee morale index
B) On-time performance
C) Customer satisfaction
D) Incentive performance rate


3. 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) Mean
C) Standard deviation
D) Median


4. In an experimental study, researchers are testing a new flea preventive medication on dogs using a blind study. Dogs are treated with the new medication or with a placebo.
Who should know which dogs are given the medication or the placebo for this blind study?

A) The researchers, the dog owners, and the response gatherers
B) Neither the researchers nor the dog owners nor the response gatherers
C) Only the researchers
D) Only the dog owners


5. A professional services firm is undergoing a business process improvement exercise to improve productivity, staff morale, and client satisfaction. Management compensation will be tied specifically to improvement in productivity during the fiscal year. Which tool should be used to quantify a measurable standard to help the company track the productivity goal for the fiscal year?

A) Net promoter score
B) Key performance indicator
C) Balanced scorecard
D) Results-based management


Solutions:

Question # 1
Answer: A
Question # 2
Answer: B
Question # 3
Answer: C
Question # 4
Answer: C
Question # 5
Answer: B

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