WGU C723 Quantitative Analysis for Business - Pre
Assessment Test Practice 2025-2026
1. 1 A car stereo company is planning to introduce a Quantitative
new product into the market. It faces stiff competition cuz break-even analysis
from two other organizations with similar products. using price points involves
The company's marketing manager has asked the numbers
production manager to perform a break-even analy- Quantitative or Quanti-
sis using three different price points. The marketing ty=Number
manager will use the results to set a price for the new
product.
Which type of method is a break-even analysis?
O Expert judgment
O Quantitative
O Qualitative
O Payback table
2. 2 Over the last three months, a small rural hospital Qualitative
has seen a sudden increase in the number of patients cuz a why you selected
coming to the emergency room for non-emergency question is an opinion.
treatment. The hospital administrator wants to know Qualitative or Quali-
why there is a sudden increase in demand and is ty=Opinion
considering three options to find out. Classify each
method available to the administrator as qualitative Quantitative - Pulling
or quantitative. data
Answer options may be used more than once or not cuz the question
at all. Select your answers from the pull-down list. can be counted like
1+2+3+4+5=15.
Including an open-ended question on the intake form Quantitative or Quanti-
asking patients, "Please explain why you selected ty=Number
this ER for treatment." Intake forms can be sorted
into non-emergency and emergency categories; the Qualitative - Brainstorm-
"non-emergency" ing ER visits.
responses can be analyzed to determine reasons the Qualitative or Quali-
hospital was selected = Qualitative ty=Opinion
, WGU C723 Quantitative Analysis for Business - Pre
Assessment Test Practice 2025-2026
Pulling the hospital's records for the last 10 years and
sorting by medical codes to check for similar patterns
in past years. A regression m
3. 3. A local music store that hosts live music has been a Quantitative
very popular hangout for years. However, the owner cuz counting number cost
is concerned that the increasing popularity of new of building, food, drink,
methods of music delivery will soon make the busi- etc. Quantitative or Quan-
ness obsolete. The owner is considering building a tity=Number.
small recording studio in the basement of the store.
The nearest professional studio is 50 miles away, so
a new studio may appeal to local musicians and in-
crease foot traffic. The owner has all the costs of
building the studio and has also estimated how much
revenue might increase due to the new studio (from
studio rental fees, increased food and drink sales if
more people come to the live music shows, etc.). The
owner will use this information to determine the net
present value for the studio.
Which method of analysis should this owner use to
make a determination?
O Decision tree
O Expert judgment
O Quantitative
O Qualitative
4. 4 How should quantitative analysis improve subse- It will let the company de-
quent decision making for a firm that wants to de- termine the average rev-
termine whether its revenue has been increasing or enue it made.
decreasing for the past 10 years?
, O It will help the company see why it has been making cuz revenue is the ques-
a profit tion to answer
O It will let the company determine the average rev-
enue it made.
O It will help the company see which customers
bought its items.
O It will help the company see the competitors' aver-
age revenue.
5. 5 An employee working for the Highway Safety De- Use a multiple regression
partment in Albany, New York has the job to predict equation using accident
the automobile accidents in Albany for the next year. as the dependent variable
The employee currently has monthly data on the fol- and others as indepen-
lowing variables for the city of Albany: the number of dent variables.
automobiles registered, the sales of alcoholic bever- cuz accidents the ques-
ages, and the rainfall in inches. tion, are the dependent
How can this employee realistically predict the acci- variable the reason why is
dents in Albany for next year? because rain, alcohol, dis-
tracted, etc.
O Use the ratio of accidents versus each of the other
variables and then average the three values
O Use a multiple regression equation using accident
as the dependent variable and others as independent
variables
O Use a multiple regression equation using automo-
biles registered as the dependent variable and others
as independent variables
O Use the sales of alcoholic beverages because the
other variables are less significant
, 6. 6. A marketing manager for a corporation that mar- Compute seasonality
kets a broad range of food brands needs to plan a (seasonal) indices (in-
monthly marketing, advertising, and sales promotion dexes) for each month
budget for next year and is looking at monthly sales. to forecast next year's
One brand shows dramatic fluctuations in sales over monthly sales.
the past three years.
cuz it will give you visuals
How should this manager use quantitative analysis to to see fluctuations in price
make budgeting decisions for this brand? over time.
O Compute quarterly averages based on each month
in the quarter
O Use last year's budget amounts regardless of aver-
age sales values
O Compute seasonality indices for each month to fore-
cast next year's monthly sales
O Use average sales values for all of the months over
the past two years
7. 7 Y-hat=a+b1X1 +b2X2 9
The constant is 3, the bl coefficient is 4, the b2 coeffi- cuz 3+(4x3)+(-1x6)=9
cient is —1, X1 is 3, and X2 is 6
What is the predicted value of Y?
O 15
O9
O 11
O 13
O8
Assessment Test Practice 2025-2026
1. 1 A car stereo company is planning to introduce a Quantitative
new product into the market. It faces stiff competition cuz break-even analysis
from two other organizations with similar products. using price points involves
The company's marketing manager has asked the numbers
production manager to perform a break-even analy- Quantitative or Quanti-
sis using three different price points. The marketing ty=Number
manager will use the results to set a price for the new
product.
Which type of method is a break-even analysis?
O Expert judgment
O Quantitative
O Qualitative
O Payback table
2. 2 Over the last three months, a small rural hospital Qualitative
has seen a sudden increase in the number of patients cuz a why you selected
coming to the emergency room for non-emergency question is an opinion.
treatment. The hospital administrator wants to know Qualitative or Quali-
why there is a sudden increase in demand and is ty=Opinion
considering three options to find out. Classify each
method available to the administrator as qualitative Quantitative - Pulling
or quantitative. data
Answer options may be used more than once or not cuz the question
at all. Select your answers from the pull-down list. can be counted like
1+2+3+4+5=15.
Including an open-ended question on the intake form Quantitative or Quanti-
asking patients, "Please explain why you selected ty=Number
this ER for treatment." Intake forms can be sorted
into non-emergency and emergency categories; the Qualitative - Brainstorm-
"non-emergency" ing ER visits.
responses can be analyzed to determine reasons the Qualitative or Quali-
hospital was selected = Qualitative ty=Opinion
, WGU C723 Quantitative Analysis for Business - Pre
Assessment Test Practice 2025-2026
Pulling the hospital's records for the last 10 years and
sorting by medical codes to check for similar patterns
in past years. A regression m
3. 3. A local music store that hosts live music has been a Quantitative
very popular hangout for years. However, the owner cuz counting number cost
is concerned that the increasing popularity of new of building, food, drink,
methods of music delivery will soon make the busi- etc. Quantitative or Quan-
ness obsolete. The owner is considering building a tity=Number.
small recording studio in the basement of the store.
The nearest professional studio is 50 miles away, so
a new studio may appeal to local musicians and in-
crease foot traffic. The owner has all the costs of
building the studio and has also estimated how much
revenue might increase due to the new studio (from
studio rental fees, increased food and drink sales if
more people come to the live music shows, etc.). The
owner will use this information to determine the net
present value for the studio.
Which method of analysis should this owner use to
make a determination?
O Decision tree
O Expert judgment
O Quantitative
O Qualitative
4. 4 How should quantitative analysis improve subse- It will let the company de-
quent decision making for a firm that wants to de- termine the average rev-
termine whether its revenue has been increasing or enue it made.
decreasing for the past 10 years?
, O It will help the company see why it has been making cuz revenue is the ques-
a profit tion to answer
O It will let the company determine the average rev-
enue it made.
O It will help the company see which customers
bought its items.
O It will help the company see the competitors' aver-
age revenue.
5. 5 An employee working for the Highway Safety De- Use a multiple regression
partment in Albany, New York has the job to predict equation using accident
the automobile accidents in Albany for the next year. as the dependent variable
The employee currently has monthly data on the fol- and others as indepen-
lowing variables for the city of Albany: the number of dent variables.
automobiles registered, the sales of alcoholic bever- cuz accidents the ques-
ages, and the rainfall in inches. tion, are the dependent
How can this employee realistically predict the acci- variable the reason why is
dents in Albany for next year? because rain, alcohol, dis-
tracted, etc.
O Use the ratio of accidents versus each of the other
variables and then average the three values
O Use a multiple regression equation using accident
as the dependent variable and others as independent
variables
O Use a multiple regression equation using automo-
biles registered as the dependent variable and others
as independent variables
O Use the sales of alcoholic beverages because the
other variables are less significant
, 6. 6. A marketing manager for a corporation that mar- Compute seasonality
kets a broad range of food brands needs to plan a (seasonal) indices (in-
monthly marketing, advertising, and sales promotion dexes) for each month
budget for next year and is looking at monthly sales. to forecast next year's
One brand shows dramatic fluctuations in sales over monthly sales.
the past three years.
cuz it will give you visuals
How should this manager use quantitative analysis to to see fluctuations in price
make budgeting decisions for this brand? over time.
O Compute quarterly averages based on each month
in the quarter
O Use last year's budget amounts regardless of aver-
age sales values
O Compute seasonality indices for each month to fore-
cast next year's monthly sales
O Use average sales values for all of the months over
the past two years
7. 7 Y-hat=a+b1X1 +b2X2 9
The constant is 3, the bl coefficient is 4, the b2 coeffi- cuz 3+(4x3)+(-1x6)=9
cient is —1, X1 is 3, and X2 is 6
What is the predicted value of Y?
O 15
O9
O 11
O 13
O8
