WGU C723 Quantitative Analysis for business. Exam Review Questions and answers, Comprehensive. Rated A+ 2024

In defining a cause and effect relationship, the variable that drives some change in another variable is called what? a. Moderating variable b. Independent variable c. Mediating variable d. Dependent variable - -b. Independent variable In defining a cause and effect relationship, the variable that is changed as a result of the action of some other variable is called what? a. Moderating variable b. Mediating variable c. Dependent variable d. Independent variable - -c. Dependent variable f there is a linear relationship between variables, we can say they are correlated. Determining that variables are correlated is very important; however, to draw specific conclusions about the cause and effect relationship will take additional advanced analytical techniques to further test the relationship in order to exclude other contributory factors that could have caused the change. When we have established a positive relationship between two variables, what can we conclude? a. The answer cannot be determined from this question without knowing what the metrics are. b. This proves that one variable causes the change in another variable because it is positive. c. There is an association between the variables but not proof that a change in one causes a change in the other. d. That there will always be the same amount of change in the dependent variable based on the independent variable. - -c. There is an association between the variables but not proof that a change in one causes a change in the other.