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

Section	Objectives
Hypothesis Testing	- t-tests, chi-square tests, and significance testing - Null and alternative hypotheses
Regression and Correlation Analysis	- Interpreting correlation and causation - Linear regression modeling
Probability and Statistical Inference	- Probability concepts and distributions - Sampling methods and sampling error
Data Fundamentals and Business Analytics	- Descriptive statistics (mean, median, variance, standard deviation) - Data types and data collection methods
Decision Making Models	- Decision trees and expected value analysis - Risk and uncertainty in decision-making

WGU VPC2Data-Driven Decision MakingC207 Sample Questions:

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

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

2. A financial analyst theorizes that commute times increase as the percentage of land availability for homes in a city decreases. To test this hypothesis, the analyst uses a regression analysis to explore how land availability predicts commute time.
What does land availability represent in this regression?

A) It is the target variable.
B) It is the dependent variable.
C) It is a control.
D) It is the independent variable.

3. What is the basic difference between evaluating costs and benefits in the public and private sectors?

A) The benefits of public projects are easily quantifiable.
B) The costs associated with public projects are minimal.
C) The benefit of private projects is general public welfare.
D) Private projects generate considerable revenue.

4. Phone calls for a company are routed randomly to one of eight call centers. Six are based in the United States, and two are based in another country. What is the probability that an incoming call will be routed to a U.S.- based call center?

A) 25%
B) 67%
C) 75%
D) 33%

5. A sample of 1,020 people was asked how many minutes they exercise on a typical day. The data were plotted and determined to be skewed left with a mean of 44.75 minutes.
Which boxplot correctly graphs this data?