WGU C723 BUS 3100 Quantitative Analysis for Business Comprehensive FA Review (Qns & Ans) 2026
1. Which of the following best describes the purpose of linear
programming in business?
- A) To forecast future sales
- B) To optimize resource allocation
- C) To analyze market trends
- D) To develop marketing strategies
- ANS: B) To optimize resource allocation
- Rationale: Linear programming is used to determine the
best possible allocation of limited resources to achieve a specific
objective.
2. What is the primary goal of regression analysis in business?
- A) To identify causal relationships
- B) To reduce production costs
- C) To improve employee performance
- D) To enhance customer satisfaction
- ANS: A) To identify causal relationships
- Rationale: Regression analysis helps identify the
relationship between dependent and independent variables,
allowing businesses to understand causal effects.
3. Which of the following is a characteristic of a normal
distribution?
- A) Skewed to the right
- B) Skewed to the left
- C) Symmetrical around the mean
- D) Bimodal
- ANS: C) Symmetrical around the mean