C723 WGU Exam Questions and Answers
Graded A+
Quantitative Analysis - Correct answer-Analysis using objective data.
Qualitative Analysis - Correct answer-Analysis using subjective data.
How quantitative analysis is used in business decision making - Correct answer-
Helps make strategic decisions and find statistically supported solutions to
business questions.
Biz problems that can be solved using quant analysis methods - Correct answer-
Cost-benefit analysis and forecasting rev
Response Variable - Correct answer-Another name for the dependent variable.
Explanatory Variable - Correct answer-Another name for the independent variable.
Negative Correlation - Correct answer-Correlation that occurs when one variable
increases and the other variable decreases.
Positive Correlation - Correct answer-Correlation that occurs when one variable
increases and the other variable increases, too.
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
Graded A+
Quantitative Analysis - Correct answer-Analysis using objective data.
Qualitative Analysis - Correct answer-Analysis using subjective data.
How quantitative analysis is used in business decision making - Correct answer-
Helps make strategic decisions and find statistically supported solutions to
business questions.
Biz problems that can be solved using quant analysis methods - Correct answer-
Cost-benefit analysis and forecasting rev
Response Variable - Correct answer-Another name for the dependent variable.
Explanatory Variable - Correct answer-Another name for the independent variable.
Negative Correlation - Correct answer-Correlation that occurs when one variable
increases and the other variable decreases.
Positive Correlation - Correct answer-Correlation that occurs when one variable
increases and the other variable increases, too.
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
