WGU C723 Quantitative Analysis For Business Pre
Assessment Updated 2025-2026!!
1.Within the last three months a small rural hospital has seen an unplanned increase in
the volume of patients coming to its emergency department for non-emergency care. To
understand better why more patients are coming to the emergency department, the
facility's administrator wants to investigate a number of possibilities. Classify the
following approaches as qualitative or quantitative.
Answer choices may be used once, more than once, or not at all. Select your answers
from the following drop-down menu.
Adding an open-ended question to the intake form that would inquire, "Please describe
why you chose this ER for treatment." Intake forms can be classified as non-emergency
and emergency; the "non-emergency"
responses can be analyzed for themes as to why the hospital was chosen = Qualitative
Pull the hospital records for the past 10 years, sort by medical codes, and then see if
there are similar patterns over the years. Build a regression model using the
non-emergency treatments as dependent variables and test different independent
variables, such as population change or unemployment levels. = Quantitative
Group brainstorming w/ the nurses and physicians in the hospital to see what ideas
people have for why so many
people suddenly coming to the ER for non-emergency treatment. = Qualitative
Qualitative
cuz a why you selected question is an opinion.
,Qualitative or Quality=Opinion
Quantitative - Pulling data
cuz the question can be counted like 1+2+3+4+5=15.
Quantitative or Quantity=Number
Qualitative - Brainstorming ER visits.
Qualitative or Quality=Opinion
2.An audio system company wishes to introduce a new product to the market. Two other
companies aggressively market their products that compete with the new one. The
marketing manager of the company asks the production manager to perform
break-even analysis based on three different selling price alternatives to be used in
determining a selling price of the new product.
What is the form of a break-even analysis?
O Expert judgement
O Quantitative
O Qualitative
O Payback table
Quantitative
cuz break-even analysis using price points involves numbers
Quantitative or Quantity=Number
3. A locally owned music store that offers live music has been a very popular hangout
for years. However, the owner is concerned that the increasing popularity of new
methods of music delivery will soon make the business obsolete. He is considering
building a 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 increase foot
traffic. The owner has all the costs of building the studio, and has also estimated how
much revenue might go up 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 can
then base all this collected data to estimate or determine the studio's net present value.
,What type of analysis should be performed by the above owner?
Decision tree
Expert judgment
Quantitative
Qualitative
Quantitative
cuz counting number cost of building, food, drink, etc. Quantitative or
Quantity=Number.
4 How should quantitative analysis improve subsequent decision making for a firm that
wants to determine whether its revenue has been increasing or decreasing for the past
10 years?
O It will help the company see why it has been making a profit
O It will let the company determine the average revenue it made.
O It will help the company see which customers bought its items.
O It will help the company see the average revenue of its competitors.
It will let the company determine what average revenue it made.
Cuz revenue is the question to answer
5 A person employed in the Highway Safety Department in Albany, New York is
supposed to forecast the car accidents in the city of Albany for the following year. At
present, this employee has access to the data on a monthly basis regarding all the three
underlying variables for the city of Albany: the automobiles registered, alcoholic
beverages sold and rainfall in inches.
How would this employee reasonably forecast the road accidents in the city of Albany
for the forthcoming year?
, O Take the ratio of accidents vs. each of the other variables and average the three
values
O Do a multiple regression equation using accident as the dependent variable and
others as independent variables
O Do a multiple regression equation using automobiles registered as dependent
variables and others as independent variables
O Use sales of alcoholic beverages since the other variables are lesser important
Do a multiple regression equation with accident as a dependent variable and others as
independent variables. Because the question is about accidents, they are the
dependent variable; that is why they are due to rain, alcohol, distracted, etc.
6. The marketing manager for a company that markets a wide variety of food brands
must develop a monthly marketing, advertising, and sales promotion budget for next
year and is reviewing monthly sales for one of the brands. The sales for this brand have
shown extreme fluctuations over the past three years.
How might this manager use quantitative analysis to make some budgeting decisions for
this brand?
O Compute quarterly averages based on each month in the quarter
O Use last year's budget amounts regardless of average sales values
O Compute seasonality indices for each month to forecast next year's monthly sales
O Use average sales values for all of the months over the past two years
Compute seasonality (seasonal) indices (indexes) for each month to forecast next year's
monthly sales.
cuz it will give you visuals to see fluctuations in price over time.
Assessment Updated 2025-2026!!
1.Within the last three months a small rural hospital has seen an unplanned increase in
the volume of patients coming to its emergency department for non-emergency care. To
understand better why more patients are coming to the emergency department, the
facility's administrator wants to investigate a number of possibilities. Classify the
following approaches as qualitative or quantitative.
Answer choices may be used once, more than once, or not at all. Select your answers
from the following drop-down menu.
Adding an open-ended question to the intake form that would inquire, "Please describe
why you chose this ER for treatment." Intake forms can be classified as non-emergency
and emergency; the "non-emergency"
responses can be analyzed for themes as to why the hospital was chosen = Qualitative
Pull the hospital records for the past 10 years, sort by medical codes, and then see if
there are similar patterns over the years. Build a regression model using the
non-emergency treatments as dependent variables and test different independent
variables, such as population change or unemployment levels. = Quantitative
Group brainstorming w/ the nurses and physicians in the hospital to see what ideas
people have for why so many
people suddenly coming to the ER for non-emergency treatment. = Qualitative
Qualitative
cuz a why you selected question is an opinion.
,Qualitative or Quality=Opinion
Quantitative - Pulling data
cuz the question can be counted like 1+2+3+4+5=15.
Quantitative or Quantity=Number
Qualitative - Brainstorming ER visits.
Qualitative or Quality=Opinion
2.An audio system company wishes to introduce a new product to the market. Two other
companies aggressively market their products that compete with the new one. The
marketing manager of the company asks the production manager to perform
break-even analysis based on three different selling price alternatives to be used in
determining a selling price of the new product.
What is the form of a break-even analysis?
O Expert judgement
O Quantitative
O Qualitative
O Payback table
Quantitative
cuz break-even analysis using price points involves numbers
Quantitative or Quantity=Number
3. A locally owned music store that offers live music has been a very popular hangout
for years. However, the owner is concerned that the increasing popularity of new
methods of music delivery will soon make the business obsolete. He is considering
building a 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 increase foot
traffic. The owner has all the costs of building the studio, and has also estimated how
much revenue might go up 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 can
then base all this collected data to estimate or determine the studio's net present value.
,What type of analysis should be performed by the above owner?
Decision tree
Expert judgment
Quantitative
Qualitative
Quantitative
cuz counting number cost of building, food, drink, etc. Quantitative or
Quantity=Number.
4 How should quantitative analysis improve subsequent decision making for a firm that
wants to determine whether its revenue has been increasing or decreasing for the past
10 years?
O It will help the company see why it has been making a profit
O It will let the company determine the average revenue it made.
O It will help the company see which customers bought its items.
O It will help the company see the average revenue of its competitors.
It will let the company determine what average revenue it made.
Cuz revenue is the question to answer
5 A person employed in the Highway Safety Department in Albany, New York is
supposed to forecast the car accidents in the city of Albany for the following year. At
present, this employee has access to the data on a monthly basis regarding all the three
underlying variables for the city of Albany: the automobiles registered, alcoholic
beverages sold and rainfall in inches.
How would this employee reasonably forecast the road accidents in the city of Albany
for the forthcoming year?
, O Take the ratio of accidents vs. each of the other variables and average the three
values
O Do a multiple regression equation using accident as the dependent variable and
others as independent variables
O Do a multiple regression equation using automobiles registered as dependent
variables and others as independent variables
O Use sales of alcoholic beverages since the other variables are lesser important
Do a multiple regression equation with accident as a dependent variable and others as
independent variables. Because the question is about accidents, they are the
dependent variable; that is why they are due to rain, alcohol, distracted, etc.
6. The marketing manager for a company that markets a wide variety of food brands
must develop a monthly marketing, advertising, and sales promotion budget for next
year and is reviewing monthly sales for one of the brands. The sales for this brand have
shown extreme fluctuations over the past three years.
How might this manager use quantitative analysis to make some budgeting decisions for
this brand?
O Compute quarterly averages based on each month in the quarter
O Use last year's budget amounts regardless of average sales values
O Compute seasonality indices for each month to forecast next year's monthly sales
O Use average sales values for all of the months over the past two years
Compute seasonality (seasonal) indices (indexes) for each month to forecast next year's
monthly sales.
cuz it will give you visuals to see fluctuations in price over time.
