WGU C723 Quantitative Analysis for Businesses Exam 88
Questions with Verified Answers
Analysis using objective data. - CORRECT ANSWER Quantitative Analysis
Analysis using subjective data. - CORRECT ANSWER Qualitative Analysis
Another name for the dependent variable. - CORRECT ANSWER Response Variable
Another name for the independent variable. - CORRECT ANSWER Explanatory
Variable
Correlation that occurs when one variable increase and the other variable
decreases. - CORRECT ANSWER Negative Correlation
Correlation that occurs when one variable increase and the other variable
increases, too. - CORRECT ANSWER Positive Correlation
Data of a form such as words, symbols, or letters that are not used in calculations.
- CORRECT ANSWER Nonnumeric Data
Data represented by numbers. - CORRECT ANSWER Numerical Data
Line that shows the general direction of the relationship of points over time. -
CORRECT ANSWER Trendline
, Measurable data oftain obtained through observations or testing. - CORRECT
ANSWER Objective Data
Measure of the strength of the linear relationship between variables. - CORRECT
ANSWER Correlation
Measurement used to gauge performance. - CORRECT ANSWER Metric
Method or process used to make short range decisions where the actual
outcomes have not yet occurred. - CORRECT ANSWER Forecasting
Non-measurable data often obtained through surveys or interviews. - CORRECT
ANSWER Subjective Data
The analysis of data to describe, interpret, and summarize data in a meaningful
way to find patterns. - CORRECT ANSWER Descriptive Statistics
The analysis of data to reach conclusions, generalizations, and estimations based
on a small sample of the population. - CORRECT ANSWER Inferential Statistics
The gathering, organizing, and interpreting of numerical data. - CORRECT ANSWER
Statistics
Variable that changes the effect of independent variable on the dependent
variable. - CORRECT ANSWER Moderating Variable
Questions with Verified Answers
Analysis using objective data. - CORRECT ANSWER Quantitative Analysis
Analysis using subjective data. - CORRECT ANSWER Qualitative Analysis
Another name for the dependent variable. - CORRECT ANSWER Response Variable
Another name for the independent variable. - CORRECT ANSWER Explanatory
Variable
Correlation that occurs when one variable increase and the other variable
decreases. - CORRECT ANSWER Negative Correlation
Correlation that occurs when one variable increase and the other variable
increases, too. - CORRECT ANSWER Positive Correlation
Data of a form such as words, symbols, or letters that are not used in calculations.
- CORRECT ANSWER Nonnumeric Data
Data represented by numbers. - CORRECT ANSWER Numerical Data
Line that shows the general direction of the relationship of points over time. -
CORRECT ANSWER Trendline
, Measurable data oftain obtained through observations or testing. - CORRECT
ANSWER Objective Data
Measure of the strength of the linear relationship between variables. - CORRECT
ANSWER Correlation
Measurement used to gauge performance. - CORRECT ANSWER Metric
Method or process used to make short range decisions where the actual
outcomes have not yet occurred. - CORRECT ANSWER Forecasting
Non-measurable data often obtained through surveys or interviews. - CORRECT
ANSWER Subjective Data
The analysis of data to describe, interpret, and summarize data in a meaningful
way to find patterns. - CORRECT ANSWER Descriptive Statistics
The analysis of data to reach conclusions, generalizations, and estimations based
on a small sample of the population. - CORRECT ANSWER Inferential Statistics
The gathering, organizing, and interpreting of numerical data. - CORRECT ANSWER
Statistics
Variable that changes the effect of independent variable on the dependent
variable. - CORRECT ANSWER Moderating Variable
