C723 Quantitative Analysis For Business
(PA)
1 A car stereo organisation is planning to introduce a brand new product into the marketplace. It
faces stiff opposition from two different companies with comparable merchandise. The
enterprise's advertising manager has requested the production supervisor to perform a
spoil-even analysis the use of 3 one of a kind price factors. The advertising and marketing
manager will use the effects to set a charge for the new product.
Which sort of technique is a spoil-even evaluation?
O Expert judgment
O Quantitative
O Qualitative
O Payback table - ANS-Quantitative
cuz wreck-even analysis the usage of rate points entails numbers
Quantitative or Quantity=Number
2 Over the last three months, a small rural medical institution has visible a unexpected growth
within the variety of sufferers coming to the emergency room for non-emergency treatment. The
sanatorium administrator wants to realize why there may be a sudden growth in demand and is
thinking about 3 alternatives to discover. Classify every technique available to the administrator
as qualitative or quantitative.
Answer options may be used extra than once or in no way. Select your solutions from the
pull-down listing.
Including an open-ended query on the intake shape asking sufferers, "Please explain why you
selected this ER for
remedy." Intake forms can be taken care of into non-emergency and emergency classes; the
"non-emergency"
responses may be analyzed to determine motives the hospital changed into selected
Qualitative
Pulling the health facility's data for the remaining 10 years and sorting by means of medical
codes to check for similar patterns in beyond
years. A regression - ANS-Qualitative
cuz a why you chose query is an opinion.
Qualitative or Quality=Opinion
Qualitative
,cuz the query can not count like 1+2+3+4+5=15.
Qualitative or Quality=Opinion
Quantitative cuz how many ideas are counted for ER visits.
Quantitative or Quantity=Number
3 A neighborhood tune shop that hosts live track has been a very famous hangout for years.
However, the owner is involved that the increasing popularity of latest methods of music
shipping will quickly make the business obsolete. The owner is considering constructing a
small recording studio within the basement of the shop. The nearest expert studio is 50 miles
away, so a brand new studio may attraction to local musicians and boom foot site visitors. The
proprietor has all the fees of constructing the studio and has additionally envisioned how lots
sales would possibly boom because of the brand new studio (from studio condo charges,
multiplied food and drink sales if extra people come to the live tune indicates, and so forth.). The
proprietor will use this records to determine the net present value for the studio.
Which technique of evaluation ought to this proprietor use to make a determination?
O Decision tree
O Expert judgment
O Quantitative
O Qualitative - ANS-Quantitative
cuz counting range value of constructing, food, drink, etc. Quantitative or Quantity=Number.
Four How need to quantitative analysis improve subsequent decision making for a firm that
wants to determine whether or not its revenue has
been increasing or lowering for the past 10 years?
O It will assist the employer see why it has been making a earnings
O It will allow the organization decide the average revenue it made.
O It will help the agency see which clients offered its items.
O It will help the agency see the competition' common sales. - ANS-It will permit the corporation
decide the common sales it made.
Cuz revenue is the query to answer
five An worker running for the Highway Safety Department in Albany, New York has the task to
expect the automobile injuries in
Albany for the subsequent 12 months. The employee currently has monthly data on the
subsequent variables for the city of Albany: the wide variety of
motors registered, the income of alcoholic liquids, and the rainfall in inches.
How can this worker realistically predict the accidents in Albany for subsequent year?
O Use the ratio of injuries versus each of the other variables after which common the three
values
, O Use a more than one regression equation using coincidence as the structured variable and
others as independent variables
O Use a more than one regression equation using automobiles registered because the
structured variable and others as independent
variables
O Use the sales of alcoholic beverages due to the fact the other variables are less large -
ANS-Use a more than one regression equation using twist of fate as the dependent variable and
others as independent variables.
Cuz accidents the query, are the based variable the cause why is because rain, alcohol,
distracted, and so on.
6 A advertising and marketing supervisor for a business enterprise that markets a huge variety
of meals brands wishes to devise a monthly advertising, marketing,
and income promotion price range for subsequent year and is looking at monthly income. One
brand suggests dramatic fluctuations in income over the last three years.
How must this supervisor use quantitative evaluation to make budgeting decisions for this logo?
O Compute quarterly averages primarily based on each month within the quarter
O Use final year's budget amounts regardless of common sales values
O Compute seasonality indices for each month to forecast next year's month-to-month income
O Use common income values for all the months over the past years - ANS-Compute
seasonality (seasonal) indices (indexes) for each month to forecast subsequent 12 months's
month-to-month income.
Cuz it will provide you with visuals to peer fluctuations in price over the years.
7 Y-hat=a+b1X1 +b2X2
The regular is 3, the bl coefficient is four, the b2 coefficient is —1, X1 is 3, and X2 is 6
What is the predicted price of Y?
O 15
O9
O eleven
O thirteen
O 8 - ANS-nine
cuz three+(4x3)+(-1x6)=9
eight Y-hat=a+b1X1 +b2X2+b3X3+b4X4
(PA)
1 A car stereo organisation is planning to introduce a brand new product into the marketplace. It
faces stiff opposition from two different companies with comparable merchandise. The
enterprise's advertising manager has requested the production supervisor to perform a
spoil-even analysis the use of 3 one of a kind price factors. The advertising and marketing
manager will use the effects to set a charge for the new product.
Which sort of technique is a spoil-even evaluation?
O Expert judgment
O Quantitative
O Qualitative
O Payback table - ANS-Quantitative
cuz wreck-even analysis the usage of rate points entails numbers
Quantitative or Quantity=Number
2 Over the last three months, a small rural medical institution has visible a unexpected growth
within the variety of sufferers coming to the emergency room for non-emergency treatment. The
sanatorium administrator wants to realize why there may be a sudden growth in demand and is
thinking about 3 alternatives to discover. Classify every technique available to the administrator
as qualitative or quantitative.
Answer options may be used extra than once or in no way. Select your solutions from the
pull-down listing.
Including an open-ended query on the intake shape asking sufferers, "Please explain why you
selected this ER for
remedy." Intake forms can be taken care of into non-emergency and emergency classes; the
"non-emergency"
responses may be analyzed to determine motives the hospital changed into selected
Qualitative
Pulling the health facility's data for the remaining 10 years and sorting by means of medical
codes to check for similar patterns in beyond
years. A regression - ANS-Qualitative
cuz a why you chose query is an opinion.
Qualitative or Quality=Opinion
Qualitative
,cuz the query can not count like 1+2+3+4+5=15.
Qualitative or Quality=Opinion
Quantitative cuz how many ideas are counted for ER visits.
Quantitative or Quantity=Number
3 A neighborhood tune shop that hosts live track has been a very famous hangout for years.
However, the owner is involved that the increasing popularity of latest methods of music
shipping will quickly make the business obsolete. The owner is considering constructing a
small recording studio within the basement of the shop. The nearest expert studio is 50 miles
away, so a brand new studio may attraction to local musicians and boom foot site visitors. The
proprietor has all the fees of constructing the studio and has additionally envisioned how lots
sales would possibly boom because of the brand new studio (from studio condo charges,
multiplied food and drink sales if extra people come to the live tune indicates, and so forth.). The
proprietor will use this records to determine the net present value for the studio.
Which technique of evaluation ought to this proprietor use to make a determination?
O Decision tree
O Expert judgment
O Quantitative
O Qualitative - ANS-Quantitative
cuz counting range value of constructing, food, drink, etc. Quantitative or Quantity=Number.
Four How need to quantitative analysis improve subsequent decision making for a firm that
wants to determine whether or not its revenue has
been increasing or lowering for the past 10 years?
O It will assist the employer see why it has been making a earnings
O It will allow the organization decide the average revenue it made.
O It will help the agency see which clients offered its items.
O It will help the agency see the competition' common sales. - ANS-It will permit the corporation
decide the common sales it made.
Cuz revenue is the query to answer
five An worker running for the Highway Safety Department in Albany, New York has the task to
expect the automobile injuries in
Albany for the subsequent 12 months. The employee currently has monthly data on the
subsequent variables for the city of Albany: the wide variety of
motors registered, the income of alcoholic liquids, and the rainfall in inches.
How can this worker realistically predict the accidents in Albany for subsequent year?
O Use the ratio of injuries versus each of the other variables after which common the three
values
, O Use a more than one regression equation using coincidence as the structured variable and
others as independent variables
O Use a more than one regression equation using automobiles registered because the
structured variable and others as independent
variables
O Use the sales of alcoholic beverages due to the fact the other variables are less large -
ANS-Use a more than one regression equation using twist of fate as the dependent variable and
others as independent variables.
Cuz accidents the query, are the based variable the cause why is because rain, alcohol,
distracted, and so on.
6 A advertising and marketing supervisor for a business enterprise that markets a huge variety
of meals brands wishes to devise a monthly advertising, marketing,
and income promotion price range for subsequent year and is looking at monthly income. One
brand suggests dramatic fluctuations in income over the last three years.
How must this supervisor use quantitative evaluation to make budgeting decisions for this logo?
O Compute quarterly averages primarily based on each month within the quarter
O Use final year's budget amounts regardless of common sales values
O Compute seasonality indices for each month to forecast next year's month-to-month income
O Use common income values for all the months over the past years - ANS-Compute
seasonality (seasonal) indices (indexes) for each month to forecast subsequent 12 months's
month-to-month income.
Cuz it will provide you with visuals to peer fluctuations in price over the years.
7 Y-hat=a+b1X1 +b2X2
The regular is 3, the bl coefficient is four, the b2 coefficient is —1, X1 is 3, and X2 is 6
What is the predicted price of Y?
O 15
O9
O eleven
O thirteen
O 8 - ANS-nine
cuz three+(4x3)+(-1x6)=9
eight Y-hat=a+b1X1 +b2X2+b3X3+b4X4
