WGU C723 Quantitative Analysis for Business Exam (Latest 2023/ 2024) 100% Correct| Complete Guide with Verified Answers| Grade A Guaranteed
WGU C723 Quantitative Analysis for
Business Exam (Latest 2023/ 2024) 100%
Correct| Complete Guide with Verified
Answers| Grade A Guaranteed
Q: Quantitative Analysis:models
Answer:
-Decision Tree
-Network Diagram
-ANOVA
-Linear regression
-Linear Programming
-Break-even Analysis
-Simulation
-and more
Q: Qualitative Analysis:Models
Answer:
- Surveys
-Brainstorming Session
-Raking (favorites)
-Subjective Judgment
-and more
Q: PEMDAS
Answer:
Parentheses, Exponents, Multiplication, Division, Addition, Subtrac- tion - Please excuse my dear aunt sally
Q: Y hat
Answer:
predictive value
Q: Expressions
Answer:
consist of numbers, variables and operations
- do not have <,>,=
Q: Equations and Inequalities
Answer:
do have <.>=
Q: Linear Equation
Answer:
Type of equation when the slope between any two points is constant
Q: Mean
Answer:
Average - add all numbers , divide by total of numbers added ie 2+2+2+2=8 8/4=2
Q: Median
Answer:
Middle
-arrange numbers smallest to largest, which number is in the middle, if even add the two
numbers and divide by 2
Q: Mode
Answer:
Most
-which number occurs most often
Q: Standard Deviation Steps
Answer:
1.Calculate the mean of the data set
2.Calculate each variable (x) minus the mean. (x-x ) (ie.subtract the mean from each value of
the data set)
3.Square each value left over (square numbers from step 2)
4.Add them all together (add all the squares from step 3)
5.Divide by n-1 (for a sample; if it’s population, just divide by n)
6.Take the square root
Q: Bar Graphs
Answer:
-Used for qualitative data
(qualities)
-graph showing the frequency of occurrence in each category for qualitative data
Q: Histograms
Answer:
-used by quantitative data
(numbers)
-graph showing the frequency of occurrence in each category for quantitative data
Q: Time Series Analysis
Answer:
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