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WGU VPC2Data-Driven Decision MakingC207 Sample Questions:

1. How do a run chart and a control chart differ?

A) They are the same, except a run chart includes limits or constraints that a process should not exceed.
B) A control chart reveals trends in manufacturing problems over time, whereas a run chart is essentially a snapshot in time.
C) They are the same, except a control chart includes limits or constraints that a process should not exceed.
D) A run chart reveals trends in manufacturing problems over time, whereas a control chart is essentially a snapshot in time.

2. A professional services firm is undergoing a business process improvement exercise to improve productivity, staff morale, and client satisfaction while also thinking about the overall long-term financial performance of the company.
Which performance tool would best meet this firm ' s objectives?

A) Balanced scorecard
B) Net promoter score
C) KPI dashboard
D) Results-based management

3. Which tool is often referred to as a fishbone chart or diagram?

A) Cause-and-effect diagram
B) Flowchart
C) Scatter diagram
D) Histogram

4. Which input could be used to create and evaluate a process that would improve an organization's performance?

A) Suggestions from a close competitor
B) Information from an employee handbook
C) Data gathered from a customer survey
D) Rules and regulations imposed on the banking industry

5. What is an appropriate management use of statistics?

A) Implementing changes based on customer survey response rate
B) Ordering product for a region based on one store
C) Justifying organizational decisions after they have been implemented
D) Understanding the demographics of customers

Solutions: