C723 Quantitative Analysis | 70+ Solved Exam Questions | Stats, Forecasting, Decision Models, Inventory | WGU | 2025/2026

Description: This document contains 70+ fully solved and verified exam questions from C723: Quantitative Analysis for Business, a core quantitative methods course at Western Governors University (WGU) for the 2025/2026 academic year. The content is tailored to support students mastering key analytical and statistical tools used in business decision-making and operations management. Topics covered include descriptive and inferential statistics, linear programming, decision trees, forecasting models, economic order quantity (EOQ), inventory cost types, project management with critical paths, probability and correlation, and foundational concepts such as dependent vs. independent variables, mean, median, and mode, and optimization functions. Learners are also introduced to core concepts like network diagrams, moderating and mediating variables, and the eight-step decision-making model. This resource is ideal for students in business analytics, operations management, data-driven decision-making, project management, and supply chain management programs. It also serves as an excellent review for professionals preparing for industry certifications in Lean Six Sigma, CAP (Certified Analytics Professional), or MBA-level quantitative modules. Keywords: quantitative analysis, business statistics, forecasting, decision models, EOQ, linear programming, inventory management, descriptive statistics, inferential statistics, correlation, decision tree, constraint, optimization, dependent variable, objective function, project scheduling, critical path, demand planning, C723, WGU