lOMoARcPSD|44532475
Q&As
WGU C723 Quantitative Analysis
For Business Verified Answers
(2025)!!
Quantitative Analysis - Answer Analysis using objective data
Qualitative Analysis - Answer Analysis using subjective Data
Response Variable - Answer Another name for the dependent
variable
Explanatory Variable - Answer Another name for the
dependent variable
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Q&As
Negative Correclation - Answer Correlation that occurs when
one variable increases and the other variable decreases
Positive Correlation - Answer Correlation that occurs when
one variable and the other
Nonnumeric Data - Answer Data of a form such as words,
symbols, or letters that are not used in calculations
Numerical Data - Answer Data represented by numbers
Trendline - Answer Line that shows the general direction of
the relationship of points over time
Objective Data - Answer Measurable data often obtained
through observations or testing
Correlation - Answer Measure of the strength of the linear
relationship between variables
-does not apply cause and affect "shoe size doesn't affect reading
ability even though they are closely related in grades school"
-used to compare two variables to determine the strength of the
linear relationship between them
Metric - Answer Measurement used to gauge performance
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Q&As
Forecasting - Answer Method or process used to make short
range decisions where the actual outcomes have not yet occurred
Subjective Data - Answer Non-measurable data often
obtained through surveys or interviews
Descriptive Statistics - Answer The analysis of data, to
describe, interpret, and summarize data in a meaningful way
Inferential Statistics - Answer The analysis of data to reach
conclusions, generalizations, and estimations based on a small
sample of the population
Statistics - Answer The gathering, organizing, and
interpreting of numerical data
Moderating Variable - Answer Variable that changes the
effect of independent variable on the dependent variable
Dependent Variable - Answer Variable that is being measured
or affected
Independent Variable - Answer Variable that is free to change
in a given model
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Q&As
Quantitative Analysis: models - Answer -Decision Tree
-Network Diagram
-ANOVA
-Linear regression
-Linear Programming
-Break-even Analysis
-Simulation
-and more
Qualitative Analysis: Models - Answer - Surveys
-Brainstorming Session
-Raking (favorites)
-Subjective Judgment
-and more
PEMDAS - Answer Parentheses, Exponents, Multiplication,
Division, Addition, Subtraction
* Please excuse my dear aunt sally
Y hat - Answer predictive value
Expressions - Answer consist of numbers, variables and
operations
Downloaded by madiba South Africa stuvia ()
Q&As
WGU C723 Quantitative Analysis
For Business Verified Answers
(2025)!!
Quantitative Analysis - Answer Analysis using objective data
Qualitative Analysis - Answer Analysis using subjective Data
Response Variable - Answer Another name for the dependent
variable
Explanatory Variable - Answer Another name for the
dependent variable
Downloaded by madiba South Africa stuvia ()
, lOMoARcPSD|44532475
Q&As
Negative Correclation - Answer Correlation that occurs when
one variable increases and the other variable decreases
Positive Correlation - Answer Correlation that occurs when
one variable and the other
Nonnumeric Data - Answer Data of a form such as words,
symbols, or letters that are not used in calculations
Numerical Data - Answer Data represented by numbers
Trendline - Answer Line that shows the general direction of
the relationship of points over time
Objective Data - Answer Measurable data often obtained
through observations or testing
Correlation - Answer Measure of the strength of the linear
relationship between variables
-does not apply cause and affect "shoe size doesn't affect reading
ability even though they are closely related in grades school"
-used to compare two variables to determine the strength of the
linear relationship between them
Metric - Answer Measurement used to gauge performance
Downloaded by madiba South Africa stuvia ()
, lOMoARcPSD|44532475
Q&As
Forecasting - Answer Method or process used to make short
range decisions where the actual outcomes have not yet occurred
Subjective Data - Answer Non-measurable data often
obtained through surveys or interviews
Descriptive Statistics - Answer The analysis of data, to
describe, interpret, and summarize data in a meaningful way
Inferential Statistics - Answer The analysis of data to reach
conclusions, generalizations, and estimations based on a small
sample of the population
Statistics - Answer The gathering, organizing, and
interpreting of numerical data
Moderating Variable - Answer Variable that changes the
effect of independent variable on the dependent variable
Dependent Variable - Answer Variable that is being measured
or affected
Independent Variable - Answer Variable that is free to change
in a given model
Downloaded by madiba South Africa stuvia ()
, lOMoARcPSD|44532475
Q&As
Quantitative Analysis: models - Answer -Decision Tree
-Network Diagram
-ANOVA
-Linear regression
-Linear Programming
-Break-even Analysis
-Simulation
-and more
Qualitative Analysis: Models - Answer - Surveys
-Brainstorming Session
-Raking (favorites)
-Subjective Judgment
-and more
PEMDAS - Answer Parentheses, Exponents, Multiplication,
Division, Addition, Subtraction
* Please excuse my dear aunt sally
Y hat - Answer predictive value
Expressions - Answer consist of numbers, variables and
operations
Downloaded by madiba South Africa stuvia ()
