WGU C723 QUANTITATIVE ANALYSIS FOR BUSINESS
(PA) EXAM COMPLETE QUESTIONS AND CORRECT
ANSWERS
1 A car stereo company is planning to introduce a new product into the market.
It faces stiff competition from two other organizations with similar products.
The company's marketing manager has asked the production manager to
perform a break-even analysis using three different price points. The marketing
manager will use the results to set a price for the new
new product.
Which type of method is a break-even analysis?
O Expert judgment
O Quantitative
O Qualitative
O Payback table - ANSWER Quantitative
cuz break-even analysis using price points involves numbers
Quantitative or Quantity=Number
months, a small rural hospital has seen a sudden increase in
2 Over the last three
the number of patients coming to the emergency room for non-emergency
treatment. The hospital administrator wants to know why there is a sudden
increase in demand and is considering three options to find out. Classify each
method available to the administrator as qualitative or quantitative.
Answer options may be used more than once or not at all. Select your answers
from the pull-down list.
Including an open-ended question on the intake form asking patients, "Please
explain why you selected this ER for
treatment." Intake forms can be sorted into non-emergency and emergency
categories; the "non-emergencу"
responses can be analyzed to determine reasons the hospital was selected
Qualitative
,
,
(PA) EXAM COMPLETE QUESTIONS AND CORRECT
ANSWERS
1 A car stereo company is planning to introduce a new product into the market.
It faces stiff competition from two other organizations with similar products.
The company's marketing manager has asked the production manager to
perform a break-even analysis using three different price points. The marketing
manager will use the results to set a price for the new
new product.
Which type of method is a break-even analysis?
O Expert judgment
O Quantitative
O Qualitative
O Payback table - ANSWER Quantitative
cuz break-even analysis using price points involves numbers
Quantitative or Quantity=Number
months, a small rural hospital has seen a sudden increase in
2 Over the last three
the number of patients coming to the emergency room for non-emergency
treatment. The hospital administrator wants to know why there is a sudden
increase in demand and is considering three options to find out. Classify each
method available to the administrator as qualitative or quantitative.
Answer options may be used more than once or not at all. Select your answers
from the pull-down list.
Including an open-ended question on the intake form asking patients, "Please
explain why you selected this ER for
treatment." Intake forms can be sorted into non-emergency and emergency
categories; the "non-emergencу"
responses can be analyzed to determine reasons the hospital was selected
Qualitative
,
,
