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WGU Data-Driven-Decision-Making Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|
| Decision Models & Prescriptive Analytics | 15% | - Quality & process improvement tools - Optimization, sensitivity analysis - Decision trees, payoff matrices, expected value
|
| Probability & Statistical Inference | 20% | - Correlation vs. causation - Probability rules, distributions, expected value - Hypothesis testing, p-values, confidence intervals
|
| Predictive Analytics & Regression | 20% | - Simple & multiple linear regression - Forecasting & trend analysis - Interpreting coefficients, R-squared, significance
|
| Statistical Concepts & Descriptive Analytics | 25% | - Data visualization: charts, graphs, dashboards - Measures of central tendency, dispersion, distribution - Data types, measurement scales, sampling methods
|
| Foundations of Data-Driven Decision Making | 20% | - Role of data in business decisions - Ethics, privacy, and data governance - Types of analytics: descriptive, predictive, prescriptive
|
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問題 #101
What are two qualities of key performance indicators (KPIs)?
Choose 2 answers.
- A. They require little to no ongoing maintenance.
- B. They are flexible and easily changed.
- C. They can be used as a tool for internal benchmarking.
- D. They often follow SMART criteria.
答案:C,D
解題說明:
Key performance indicators (KPIs) are designed to measure progress toward strategic objectives. In data- driven decision making, effective KPIs arestable, meaningful, and aligned with organizational goalsrather than frequently changing.
One important quality of KPIs is that theycan be used for internal benchmarking, allowing organizations to compare performance across departments, time periods, or projects. This helps identify best practices and performance gaps.
Another defining characteristic is that KPIs often followSMART criteria-Specific, Measurable, Achievable, Relevant, and Time-bound. These criteria ensure KPIs are clearly defined and actionable.
KPIs are not meant to be easily changed, as frequent changes undermine consistency and comparability. They also require ongoing monitoring and maintenance to remain relevant and accurate.
Therefore, the correct answers areB and D.
問題 #102
An analyst used multiple linear regression to show how a big box store's sales (y) are predicted by the big box store's advertising expenditure in dollars (variable x1) and the advertising expenditure in dollars of a specialty store (variable x2) in the same market. The estimated regression is y = 651.57 + 92.30x1 # 26.89x2. How are advertising expenditures and sales related in this scenario?
- A. If the big box store decreases its advertising expenditures, its sales will increase.
- B. If the big box store decreases its advertising expenditures, it will decrease the big box store's sales.
- C. If the specialty store increases its advertising expenditures, it will decrease the big box store's sales.
- D. If the big box store increases its advertising expenditures, its sales will decrease.
答案:C
問題 #103
How should Ishikawa's seven basic tools of quality be used?
Choose 2 answers.
- A. The output from one tool can be used as another tool's input.
- B. The tools should be used only by high-level managers and not by average workers.
- C. The tools can be used in combination with each other.
- D. The tools make trends easy to recognize within only one graph.
答案:A,C
解題說明:
Ishikawa's seven basic tools of quality are designed to support practical problem-solving and continuous improvement across all levels of an organization. These tools are most effective when used in combination and when the output from one tool serves as the input for another. For example, a check sheet can be used to collect defect data, which can then be summarized in a Pareto chart, and the findings may later be explored further with a cause-and-effect diagram. This interconnected use is one of the reasons the tools are so widely valued in quality management. The statement that the tools should only be used by high-level managers is incorrect because one of their strengths is accessibility; they are intended to be understandable and usable by ordinary workers as well as supervisors and analysts. The statement about recognizing trends within only one graph is also too restrictive and does not describe the broader practical use of the tools. Therefore, the correct answers are that the output from one tool can become another tool's input and that the tools can be used together.
問題 #104
Which process is considered a statistical process control activity?
- A. Forecasting future consumer demand for a new product
- B. Evaluating consumer complaints about manufacturing defects
- C. Determining if the precision of a manufactured product is within a tolerable range
- D. Aligning marketing strategy with manufacturing capabilities
答案:C
解題說明:
Statistical process control involves using statistical methods to monitor, control, and improve production processes. A central purpose of this approach is to determine whether a process is operating within acceptable variation limits. Therefore, determining if the precision of a manufactured product is within a tolerable range is a direct example of statistical process control. This type of activity uses measured data to evaluate consistency, detect abnormal variation, and maintain quality standards. Evaluating consumer complaints may provide useful quality feedback, but it is not the direct statistical monitoring activity described by process control methods. Aligning marketing strategy with manufacturing capabilities is a business planning issue rather than a process control task. Forecasting future consumer demand is a forecasting and analytics activity, not statistical process control. The defining feature of statistical process control is monitoring production behavior using measurable process data and tolerance limits. Therefore, the correct answer is the option that focuses on determining whether the manufactured product's precision remains within an acceptable range.
問題 #105
What is a disadvantage of using a balanced scorecard?
- A. It requires time and effort to develop a meaningful template.
- B. It is expensive to implement effectively within an organization's operations.
- C. It does not link operations with company strategy.
- D. It does not include a mix of financial and nonfinancial performance measures.
答案:A
解題說明:
A key disadvantage of using abalanced scorecardis that itrequires significant time and effort to develop a meaningful and effective template. In data-driven decision making, the value of a balanced scorecard depends on careful selection of performance measures that align with organizational strategy.
Developing a balanced scorecard involves defining strategic objectives, selecting appropriate metrics, setting targets, and ensuring data availability. This process can be resource-intensive, especially in large or complex organizations. However, once implemented, the balanced scorecard offers substantial long-term benefits.
The other options are incorrect because the balanced scorecard explicitly includes both financial and nonfinancial measures and is designed to link operations with strategy. While implementation may involve some cost, expense alone is not typically cited as its primary disadvantage.
Therefore, the correct answer isA.
問題 #106
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