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Data-Driven-Decision-Making Questions Exam | Data-Driven-Decision-Making Reliabl
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WGU VPC2Data-Driven Decision MakingC207 Sample Questions (Q37-Q42):NEW QUESTION # 37
Which tool sorts data into categories to help teams identify the most significant factors that contribute the most to problems?
- A. Cause chart
- B. Run chart
- C. Pareto chart
- D. Flowchart
Answer: C
Explanation:
APareto chartsorts data into categories and ranks them by frequency or impact. In data-driven decision making, this helps teams focus on the most significant contributors to a problem.
The chart combines bars and a cumulative line to highlight which factors account for the largest share of issues. This aligns with the Pareto principle and supports prioritization of improvement efforts.
Run charts track data over time, flowcharts describe processes, and cause charts are not a standard quality tool. Therefore, the correct answer isC.
NEW QUESTION # 38
Which distribution would have a mean and median that are approximately equal after an analysis of each employee's number of customer service calls over the last month?
- A. Pareto distribution
- B. Bimodal distribution
- C. Multimodal distribution
- D. Normal distribution
Answer: D
Explanation:
In anormal distribution, data is symmetrically distributed around the center, causing the mean and median to be approximately equal. This is a fundamental property emphasized in data-driven decision making.
Skewed distributions, such as Pareto, cause the mean and median to differ significantly. Therefore, the correct answer isA.
NEW QUESTION # 39
How should a marketing consulting firm perform a cluster analysis for a new granola bar?
- A. Determine competitor benchmarks and forecasts for comparison
- B. Determine whether there are any granola bar sales trends
- C. Determine the reasons for consumer granola bar purchases
- D. Determine the different segments or groups to target
Answer: D
NEW QUESTION # 40
A boutique specializing in gifts reviews its sales data over the last year. It observes a slow decline in revenue in the first quarter, a growth in revenue in the second quarter, a slight decline in revenue in the third quarter, and a rapid increase in revenue in the fourth quarter.
Which data pattern type can the sales data be assessed against?
- A. Seasonality
- B. Random variation
- C. Irregularity
- D. Cyclicality
Answer: A
Explanation:
Seasonalityrefers to predictable patterns in data that repeat at regular intervals, such as quarters or months, due to seasonal factors. In data-driven decision making, identifying seasonal patterns helps organizations forecast demand and plan operations.
The boutique's revenue shows distinct quarterly patterns: declines and increases that align with different times of the year. The sharp increase in the fourth quarter is especially indicative of seasonal effects, such as holiday shopping.
Random variation and irregularity describe unpredictable fluctuations, while cyclicality refers to long-term economic cycles rather than recurring annual patterns. Therefore, the correct answer isC, seasonality.
NEW QUESTION # 41
Which tool should be used to closely monitor inputs and outputs?
- A. Business process diagram
- B. Individual pro forma statements
- C. Joint financial statements
- D. SIPOC diagram
Answer: D
Explanation:
ASIPOC diagram(Suppliers, Inputs, Process, Outputs, Customers) is specifically designed to closely monitor and understand the flow of inputs and outputs within a process. In data-driven decision making and quality management, SIPOC diagrams provide a high-level view of how value is created and delivered.
By clearly identifying suppliers and inputs at the start of a process and outputs and customers at the end, organizations can assess whether inputs meet requirements and whether outputs align with customer expectations. This visibility helps identify inefficiencies, gaps, or quality issues early in the process lifecycle.
Business process diagrams focus on workflow steps but do not emphasize supplier-input and output- customer relationships. Financial statements and pro forma statements are financial planning tools and are not designed for operational process monitoring.
Therefore, the correct answer isC, SIPOC diagram.
NEW QUESTION # 42
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