Wgu C207 Oa 2018 66 Correctly Answered Questions Latest Update

Results-based management {Ans: A professional services firm wants to track and monitor important financial performance measures of the company (e.g., year-over-year change in revenues and profits). Which performance approach would best meet the company's objective?}Special cause variation {Ans: A soft-drink manufacturer performs a control chart analysis and the results indicate that the soft-drink bottles are consistently under-filled by a large amount according to specifications. The system was evaluated three months prior and was determined to be stable and filling bottles within accepted limits. What is this consistent under-filling an example of?}It analyzes the cost of achieving a quantifiable goal. {Ans: What is true of cost-effective analysis?}ANOVA {Ans: A nonprofit organization ran an e-mail campaign with three different messages to solicit additional donations. What should the nonprofit organization use to determine if the average donation differs for the different messages?}Z-score {Ans: The average test score of students taking an exam was 70% with a standard deviation of 8.5%. Which tool should be used to compare a student's score to the group average?}By quantifying risk {Ans: In what way does probability theory inform decision-making for managers?}97.5% {Ans: The number of customers that an automobile service