Unit 2: Intro to Quantitative Analysis: Unit
Test
______________information isn't used in quantitative evaluation. In a quantitative evaluation,
models are used to measure and__________data, consisting of income, fee, stock, and loss. -
ANS--quantify
A enterprise manager need to determine what kind of information is important to help resolve
the problem this is supplied. Each form of facts or records the commercial enterprise manager
wishes need to have reason and relevancy. If the manager comes to a decision to apply a
survey with a view to acquire particular information, need to the supervisor use closed-ended
questions or open-ended questions for records series? - ANS--closed ended
A theme park supervisor is making an attempt to estimate future park attendance for the
summer season. The manager may additionally find forecasting helpful with the intention to
predict and higher manage_____________for the imminent seasonal months. -
ANS--attendance
Business forecasting may be used to estimate future call for. A toy corporation's production
manager can also find forecasting helpful in order to expect and manage_____________for the
upcoming seasonal months - ANS--production
Business managers and executives make selections about cutting-edge problems and strategic
endeavors. Quantitative evaluation is part of the choice-making method. The system of you
decide is the reality that selections are made on_____________solutions to the state of affairs
presented. When getting ready an analysis, there may be or more____________presented at
each choice point. - ANS--opportunity
-options
Businesses use quantitative evaluation to assist solve problems. Which of the subsequent isn't
always a purpose a enterprise need to analyze variations in numerical statistics? - ANS--To
exhibit each professional's evaluation because variations in professional opinions will imply an
intentional misrepresentation has happened
Consider the subsequent example: The operations supervisor on the distribution center would
like to boom the quantity of applications which are expedited thru the middle. The center
receives five truckloads of programs every morning. The manager desires to increase the
quantity of truckloads which might be presently shipped out from three to the identical number
acquired. The supervisor is running to clear up a(n)__________problem. - ANS--precise
, Determining the reason and effect dating of variables is an critical a part of quantitative analysis.
This requires figuring out the independent and based variables. It is the____________variable
that is impacted. It is the___________variable that the model indicates is being affected. -
ANS--independent
-impartial
Developing a studies question and the speculation are an vital a part of the whole studies
procedure. The studies query and the hypothesis___________be represented because the
same assertion. The___________makes a descriptive assertion or statement about a few
prevalence. The null and the opportunity are differing statements that are known as
the__________. - ANS--need to not
-research question
-hypothosis
Estimated future demand is quantified using a business forecast. A pool supply corporation's
operations supervisor might also discover forecasting helpful to be able to predict and control
the quantity of chemical container____________for the approaching summer season seasonal
months. - ANS--
Executives of a commercial enterprise will use analysis to expand strategic projects in order to
be included with the aid of its managers. The evaluation will consist of reviewing records and
figures from numerous areas of the commercial enterprise, including sales, accounting, and
production.
Prior to creating decisions, the executives and bosses will analyze numerical statistics for what
cause? - ANS--To display and reveal differences inside the information to help reconcile
problems
Gathering and analyzing____________Gathering and analyzing_____________data, such as a
business enterprise's profit, fee, stock, or now and again a loss. - ANS--numerical
-quantify
Given the following state of affairs, select whether or not it represents subjective or goal
analysis:
A layout engineer provided to his manager the consequences of a performance evaluation
check on the new product they simply finished. The effects indicated that the brand new product
had the nice overall performance of all of the other merchandise within the class examined. -
ANS--objective
Given the following state of affairs, pick whether or not it represents subjective or objective
evaluation:
Test
______________information isn't used in quantitative evaluation. In a quantitative evaluation,
models are used to measure and__________data, consisting of income, fee, stock, and loss. -
ANS--quantify
A enterprise manager need to determine what kind of information is important to help resolve
the problem this is supplied. Each form of facts or records the commercial enterprise manager
wishes need to have reason and relevancy. If the manager comes to a decision to apply a
survey with a view to acquire particular information, need to the supervisor use closed-ended
questions or open-ended questions for records series? - ANS--closed ended
A theme park supervisor is making an attempt to estimate future park attendance for the
summer season. The manager may additionally find forecasting helpful with the intention to
predict and higher manage_____________for the imminent seasonal months. -
ANS--attendance
Business forecasting may be used to estimate future call for. A toy corporation's production
manager can also find forecasting helpful in order to expect and manage_____________for the
upcoming seasonal months - ANS--production
Business managers and executives make selections about cutting-edge problems and strategic
endeavors. Quantitative evaluation is part of the choice-making method. The system of you
decide is the reality that selections are made on_____________solutions to the state of affairs
presented. When getting ready an analysis, there may be or more____________presented at
each choice point. - ANS--opportunity
-options
Businesses use quantitative evaluation to assist solve problems. Which of the subsequent isn't
always a purpose a enterprise need to analyze variations in numerical statistics? - ANS--To
exhibit each professional's evaluation because variations in professional opinions will imply an
intentional misrepresentation has happened
Consider the subsequent example: The operations supervisor on the distribution center would
like to boom the quantity of applications which are expedited thru the middle. The center
receives five truckloads of programs every morning. The manager desires to increase the
quantity of truckloads which might be presently shipped out from three to the identical number
acquired. The supervisor is running to clear up a(n)__________problem. - ANS--precise
, Determining the reason and effect dating of variables is an critical a part of quantitative analysis.
This requires figuring out the independent and based variables. It is the____________variable
that is impacted. It is the___________variable that the model indicates is being affected. -
ANS--independent
-impartial
Developing a studies question and the speculation are an vital a part of the whole studies
procedure. The studies query and the hypothesis___________be represented because the
same assertion. The___________makes a descriptive assertion or statement about a few
prevalence. The null and the opportunity are differing statements that are known as
the__________. - ANS--need to not
-research question
-hypothosis
Estimated future demand is quantified using a business forecast. A pool supply corporation's
operations supervisor might also discover forecasting helpful to be able to predict and control
the quantity of chemical container____________for the approaching summer season seasonal
months. - ANS--
Executives of a commercial enterprise will use analysis to expand strategic projects in order to
be included with the aid of its managers. The evaluation will consist of reviewing records and
figures from numerous areas of the commercial enterprise, including sales, accounting, and
production.
Prior to creating decisions, the executives and bosses will analyze numerical statistics for what
cause? - ANS--To display and reveal differences inside the information to help reconcile
problems
Gathering and analyzing____________Gathering and analyzing_____________data, such as a
business enterprise's profit, fee, stock, or now and again a loss. - ANS--numerical
-quantify
Given the following state of affairs, select whether or not it represents subjective or goal
analysis:
A layout engineer provided to his manager the consequences of a performance evaluation
check on the new product they simply finished. The effects indicated that the brand new product
had the nice overall performance of all of the other merchandise within the class examined. -
ANS--objective
Given the following state of affairs, pick whether or not it represents subjective or objective
evaluation:
