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WGU VPC2Data-Driven Decision MakingC207 Sample Questions:

1. Which type of analysis determines whether there was a significant difference in the average donor solicitation amount between three nonprofit hospital events?

A) Logistic regression
B) ANOVA
C) Cluster
D) Time series

2. What describes fact-based decision-making according to quality management principles?
Choose 2 answers.

A) Decisions are based on the instincts of experienced leaders.
B) Decisions have a marginal effect on relationships with suppliers.
C) Decisions reduce external bias.
D) Decisions foster trust in plans.

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

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

4. How does a balanced scorecard (BSC) differ from a key performance indicator (KPI)?

A) A BSC and a KPI are identical except that a BSC is used in business settings, and a KPI is used exclusively by governmental agencies.
B) A KPI aligns with just one aspect of an organization's success, whereas a BSC allows managers to view performance in several areas.
C) A BSC aligns with just one aspect of an organization's success, whereas a KPI allows managers to simultaneously view performance in several areas.
D) A BSC and a KPI are identical except that a BSC is a measurement of metrics over time, and a KPI is a snapshot of success at one point in time.

5. A student with a degree is presumed to already have a bachelor's degree. Which type of data does this represent?

A) Nominal data
B) Interval data
C) Ordinal data
D) Ratio data

Solutions: