WGU C723 - QUANTITATIVE ANALYSIS
FOR BUSINESS ACTUAL EXAM PAPER 2026
QUESTIONS WITH ANSWERS GRADED A+
◍ Is the variable in the following scenario a dependent or independent
variable?The use of heating oil goes up as the temperature goes down. What
type of variable is the temperature?.
Answer: Independent
◍ What is the 6th root of 15,625? The result is.
Answer: 5
◍ 20 A successful Mexican seafood restaurant in Texas has a single owner and
a single location. The owner is debating the next step for the business. The
owner thinks that opening only a couple of new locations in the area could
help maintain the customers' perception of a unique local restaurant, which
has been part of its success. On the other hand, franchising the restaurant
could drive rapid economic growth and therefore develop an image as a
regional restaurant. It is also possible that a combination of new local
locations and franchising could bring better financial and public relations
results. This option has the highest associated cost, whereas opening only a
couple of new locations or franchising would cost less. In any case, the
owner believes the worst-case scenario is to have moderate demand and the
best-case scenario is to have high demand. Which major decision is this
owner facing? O How to estimate future demand O How to avoid the
worst-case scenario O How to expand the business O How to find new
locations.
Answer: How to expand the business
◍ What is the square root of 4, raised to the power of 3? The result is.
Answer: 8
,◍ A TV station wants to expand to Spanish language broadcasts..
Answer: Needs foundational research
◍ 13 A professor selected a recent sample of five students' Introduction to
Management midterm grades to perform an analysis. The grades selected
were as follows: 70 85 98 70 82 What is the median of this data set? O 70 O
81O 82 O 98.
Answer: 82 cuz the middle value of the set 70, 70, 82, 85, 98=82To find the
mean, add up the values in the data set and then divide by the number of
values that you added. To find the median, list the values of the data set in
numerical order and identify which value appears in the middle of the list.
To find the mode, identify which value in the data set occurs most often.
◍ In the case above, the CEO was concerned that the customer satisfaction
rating was still decreasing, even though the managers felt they were
addressing each customer issue. This is likely because the managers are not
getting to the root of either the customers' issues or the overall problem that
continually causes the dissatisfaction. What risk does the hotel face if the
manager does not find the root cause of the customers' problem?.
Answer: The issue may come back again.
◍ What would be the best application of quantitative analysis for the situations
below?.
Answer: A marketing director wants to determine the average household
income of the company's key customers.
◍ A buyer is making a calculation for the order quantity for a company's
quarterly buy of raw goods from a preferred supplier. (simple or complex).
Answer: Simple
◍ Given that you drew a black card from a standard deck of cards, what is the
probability that it is a 5? (use fractional answer).
Answer: 2/26 or 1/13
◍ The concept of uncertainty is crucial for decision makers to understand
because decision makers have to evaluate _______ based on the certainty or
, uncertainty of an event in order to make objective decisions. The lack of
knowledge of the certainty or uncertainty of an event may lead to ______
decision making for lack of this understanding.
Answer: risks; subjective
◍ Which of the following would be a factor that makes a problem complex or
multifaceted?.
Answer: One involving a large business's IT servers competing time
constraints
◍ The manager's decided they wanted to calculate additional values and
compare the results. They want to multiply by 3 the result of adding year 1
and 2 together. Then they want to multiply by 3 the result of adding year 3
and 4 together. After they have the results, they will subtract the values.
This will result in a value of _______.
Answer: $3,000
◍ A customer's invoice indicates that he needs to pay $5,700. He does not
know how the total for the invoice was calculated; however, he does know
that he wanted the marble upgrade and each vanity was to have two sinks.
How many vanities did he order?.
Answer: 4
◍ 21 A scouting troop has been invited to sell ice cream sandwiches as a
fundraiser at the city park July 4th fireworks celebration. The sandwiches
will cost one dollar each and will be sold for two dollars each. There are no
other costs because the city park has agreed to provide use of facilities and
freezers. The scouts will have to dispose of, eat, or give away any ice cream
sandwiches that are left over after the event. The following "Payout Table"
provides values for the events and alternatives of the ice cream venture.
(Value Of Events profit in Dollars) Alternative Inventory1,000, 1,100,
1,200, 1,300, 1,400Events Demand1000(10%), 1100(20%), 1200(40%),
1300(20%), 1400(10%)Expected Value$1,000, A, B, C, DInventory level,
Demand in $, Expected Value1300, $700, $900, $1100, $1300, $1300,
$1,080 What is the missing value for C, which has an expected value of an
, inventory of 1,300? O $ 1,200O $ 1,000O $ 1,080O $ 1,120.
Answer: $1,080 cuz
(700x.1)+(900x.2)+(1100x.4)+(1300x.2)+(1300x.1)=1080
◍ Mean.
Answer: The average of a set of numbers
◍ [True/False] For project scheduling, it is essential to use only one time
estimate for computing each task time..
Answer: False
◍ The early failure of a hood latch on a newly designed automobile hood.
Answer: safety
◍ Multiply the following figures: 27, -5, and 18. The result is.
Answer: -2430
◍ There are many forms of research and analysis considered in one of two
general categories, quantitative and qualitative, both of which use
mathematics to some degree. Quantitative analysis uses mathematics and
statistics for______ factors, such as means and variation of the data..
Answer: measuring
◍ A large pizza chain is exploring changes to the recipe for its deep dish pie
crusts..
Answer: Does not need foundational research
◍ 41 Consider the following linear programming formulation: Max Z=X1+X2
Subject to X1+X2≤42X1+5X2≤10X1X2≥0 The feasible region is shown in
the graph. Which graph shows how the first constraint will shift if the
resources expressed by the first constraint are increased by one unit?.
Answer: Image #2 cuz the first constraint (x1+x2≤4) increased by 1
(x1+x2≤4+1) or x1+x2≤5 or (5,5)
◍ [True/False] Project scheduling can be done before the cost estimates are
complete..
Answer: True
FOR BUSINESS ACTUAL EXAM PAPER 2026
QUESTIONS WITH ANSWERS GRADED A+
◍ Is the variable in the following scenario a dependent or independent
variable?The use of heating oil goes up as the temperature goes down. What
type of variable is the temperature?.
Answer: Independent
◍ What is the 6th root of 15,625? The result is.
Answer: 5
◍ 20 A successful Mexican seafood restaurant in Texas has a single owner and
a single location. The owner is debating the next step for the business. The
owner thinks that opening only a couple of new locations in the area could
help maintain the customers' perception of a unique local restaurant, which
has been part of its success. On the other hand, franchising the restaurant
could drive rapid economic growth and therefore develop an image as a
regional restaurant. It is also possible that a combination of new local
locations and franchising could bring better financial and public relations
results. This option has the highest associated cost, whereas opening only a
couple of new locations or franchising would cost less. In any case, the
owner believes the worst-case scenario is to have moderate demand and the
best-case scenario is to have high demand. Which major decision is this
owner facing? O How to estimate future demand O How to avoid the
worst-case scenario O How to expand the business O How to find new
locations.
Answer: How to expand the business
◍ What is the square root of 4, raised to the power of 3? The result is.
Answer: 8
,◍ A TV station wants to expand to Spanish language broadcasts..
Answer: Needs foundational research
◍ 13 A professor selected a recent sample of five students' Introduction to
Management midterm grades to perform an analysis. The grades selected
were as follows: 70 85 98 70 82 What is the median of this data set? O 70 O
81O 82 O 98.
Answer: 82 cuz the middle value of the set 70, 70, 82, 85, 98=82To find the
mean, add up the values in the data set and then divide by the number of
values that you added. To find the median, list the values of the data set in
numerical order and identify which value appears in the middle of the list.
To find the mode, identify which value in the data set occurs most often.
◍ In the case above, the CEO was concerned that the customer satisfaction
rating was still decreasing, even though the managers felt they were
addressing each customer issue. This is likely because the managers are not
getting to the root of either the customers' issues or the overall problem that
continually causes the dissatisfaction. What risk does the hotel face if the
manager does not find the root cause of the customers' problem?.
Answer: The issue may come back again.
◍ What would be the best application of quantitative analysis for the situations
below?.
Answer: A marketing director wants to determine the average household
income of the company's key customers.
◍ A buyer is making a calculation for the order quantity for a company's
quarterly buy of raw goods from a preferred supplier. (simple or complex).
Answer: Simple
◍ Given that you drew a black card from a standard deck of cards, what is the
probability that it is a 5? (use fractional answer).
Answer: 2/26 or 1/13
◍ The concept of uncertainty is crucial for decision makers to understand
because decision makers have to evaluate _______ based on the certainty or
, uncertainty of an event in order to make objective decisions. The lack of
knowledge of the certainty or uncertainty of an event may lead to ______
decision making for lack of this understanding.
Answer: risks; subjective
◍ Which of the following would be a factor that makes a problem complex or
multifaceted?.
Answer: One involving a large business's IT servers competing time
constraints
◍ The manager's decided they wanted to calculate additional values and
compare the results. They want to multiply by 3 the result of adding year 1
and 2 together. Then they want to multiply by 3 the result of adding year 3
and 4 together. After they have the results, they will subtract the values.
This will result in a value of _______.
Answer: $3,000
◍ A customer's invoice indicates that he needs to pay $5,700. He does not
know how the total for the invoice was calculated; however, he does know
that he wanted the marble upgrade and each vanity was to have two sinks.
How many vanities did he order?.
Answer: 4
◍ 21 A scouting troop has been invited to sell ice cream sandwiches as a
fundraiser at the city park July 4th fireworks celebration. The sandwiches
will cost one dollar each and will be sold for two dollars each. There are no
other costs because the city park has agreed to provide use of facilities and
freezers. The scouts will have to dispose of, eat, or give away any ice cream
sandwiches that are left over after the event. The following "Payout Table"
provides values for the events and alternatives of the ice cream venture.
(Value Of Events profit in Dollars) Alternative Inventory1,000, 1,100,
1,200, 1,300, 1,400Events Demand1000(10%), 1100(20%), 1200(40%),
1300(20%), 1400(10%)Expected Value$1,000, A, B, C, DInventory level,
Demand in $, Expected Value1300, $700, $900, $1100, $1300, $1300,
$1,080 What is the missing value for C, which has an expected value of an
, inventory of 1,300? O $ 1,200O $ 1,000O $ 1,080O $ 1,120.
Answer: $1,080 cuz
(700x.1)+(900x.2)+(1100x.4)+(1300x.2)+(1300x.1)=1080
◍ Mean.
Answer: The average of a set of numbers
◍ [True/False] For project scheduling, it is essential to use only one time
estimate for computing each task time..
Answer: False
◍ The early failure of a hood latch on a newly designed automobile hood.
Answer: safety
◍ Multiply the following figures: 27, -5, and 18. The result is.
Answer: -2430
◍ There are many forms of research and analysis considered in one of two
general categories, quantitative and qualitative, both of which use
mathematics to some degree. Quantitative analysis uses mathematics and
statistics for______ factors, such as means and variation of the data..
Answer: measuring
◍ A large pizza chain is exploring changes to the recipe for its deep dish pie
crusts..
Answer: Does not need foundational research
◍ 41 Consider the following linear programming formulation: Max Z=X1+X2
Subject to X1+X2≤42X1+5X2≤10X1X2≥0 The feasible region is shown in
the graph. Which graph shows how the first constraint will shift if the
resources expressed by the first constraint are increased by one unit?.
Answer: Image #2 cuz the first constraint (x1+x2≤4) increased by 1
(x1+x2≤4+1) or x1+x2≤5 or (5,5)
◍ [True/False] Project scheduling can be done before the cost estimates are
complete..
Answer: True
