WGU C723 QUANTITATIVE ANALYSIS FOR BUSINESS|
WGU QUESTIONS WITH CORRECT ANSWERS |
VERIFIED
1. Quantitative Analysis ANS >> Analysis using objective data
2. Qualitative Analysis ANS >> Analysis using subjective Data
3. Response Variable ANS >> Another name for the dependent variable
4. Explanatory Variable ANS >> Another name for the dependent variable
5. Negative Correclation ANS >> Correlation that occurs when one variable
increases and the other variable decreases
6. Positive Correlation ANS >> Correlation that occurs when one variable and the
other
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, 7. Nonnumeric Data ANS >> Data of a form such as words, symbols, or letters that
are not used in calculations
8. Numerical Data ANS >> Data represented by numbers
of points over
9. Trendline ANS >> Line that shows the general direction of the
relationship time
10. Objective Data ANS >> Measurable data often obtained through observations or
testing
11. Correlation ANS >> Measure of the strength of the linear relationship between
variables
-does not apply cause and affect "shoe size doesn't affect reading ability even though
they are closely related in grades school"
-used to compare two variables to determine the strength of the linear relationship
between them
12. Metric ANS >> Measurement used to gauge performance
13. Forecasting ANS >> Method or process used to make short range decisions
where the actual outcomes have not yet occurred
14. Subjective Data ANS >> Non-measurable data often obtained through surveys
or inter- views
15. Descriptive Statistics ANS >> The analysis of data, to describe, interpret, and
summa- rize data in a meaningful way
16. Inferential Statistics ANS >> The analysis of data to reach conclusions,
generaliza- tions, and estimations based on a small sample of the population
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, 17. Statistics ANS >> The gathering, organizing, and interpreting of numerical data
18. Moderating Variable ANS >> Variable that changes the effect of independent
variable on the dependent variable
19. Dependent Variable ANS >> Variable that is being measured or affected
20. Independent Variable ANS >> Variable that is free to change in a given model
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WGU QUESTIONS WITH CORRECT ANSWERS |
VERIFIED
1. Quantitative Analysis ANS >> Analysis using objective data
2. Qualitative Analysis ANS >> Analysis using subjective Data
3. Response Variable ANS >> Another name for the dependent variable
4. Explanatory Variable ANS >> Another name for the dependent variable
5. Negative Correclation ANS >> Correlation that occurs when one variable
increases and the other variable decreases
6. Positive Correlation ANS >> Correlation that occurs when one variable and the
other
https://www.stuvia.com/user/Mboffin 1/
23
, 7. Nonnumeric Data ANS >> Data of a form such as words, symbols, or letters that
are not used in calculations
8. Numerical Data ANS >> Data represented by numbers
of points over
9. Trendline ANS >> Line that shows the general direction of the
relationship time
10. Objective Data ANS >> Measurable data often obtained through observations or
testing
11. Correlation ANS >> Measure of the strength of the linear relationship between
variables
-does not apply cause and affect "shoe size doesn't affect reading ability even though
they are closely related in grades school"
-used to compare two variables to determine the strength of the linear relationship
between them
12. Metric ANS >> Measurement used to gauge performance
13. Forecasting ANS >> Method or process used to make short range decisions
where the actual outcomes have not yet occurred
14. Subjective Data ANS >> Non-measurable data often obtained through surveys
or inter- views
15. Descriptive Statistics ANS >> The analysis of data, to describe, interpret, and
summa- rize data in a meaningful way
16. Inferential Statistics ANS >> The analysis of data to reach conclusions,
generaliza- tions, and estimations based on a small sample of the population
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, 17. Statistics ANS >> The gathering, organizing, and interpreting of numerical data
18. Moderating Variable ANS >> Variable that changes the effect of independent
variable on the dependent variable
19. Dependent Variable ANS >> Variable that is being measured or affected
20. Independent Variable ANS >> Variable that is free to change in a given model
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