Quantitative Analysis in Business Decision Making

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Exploring numerical data is known as:

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1. Geri is looking at the sales numbers for each state and comparing them to see which state buys the most of her products. Geri is examining _____ data.

2. Julio wants to compare the price of a new marketing campaign with the increase in sales six months after the campaign is launched. Julio is using _____ data.

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About This Quiz & Worksheet

The quiz/worksheet combo is a tool you can use to check your knowledge of quantitative analysis in business decision making. Different types of data are topics you need to know for the quiz.

Quiz & Worksheet Goals

Use these resources to check your knowledge of:

  • A piece of quantitative data that can be useful when making decisions about labor
  • The category that budgets and wasteful spending areas of quantitative analysis fall into
  • Another name for exploring numerical data
  • Types of data

Skills Practiced

  • Knowledge application - use your knowledge to answer questions about different types of data
  • Reading comprehension - ensure that you draw the most important information from the lesson on quantitative analysis in business choices
  • Information recall - access the details you gained about exploring numerical data

Additional Learning

You can cover more topics any time you would like using the lesson called Quantitative Analysis in Business Decision Making. This lesson gives you the chance to:

  • Compare and contrast the different types of data
  • Determine why quantitative analysis is used for business
  • See what another name for operations is
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