Ch 72: CEOE Business Education: Quantitative Analysis in Business

About This Chapter

Ensure your familiarity with quantitative analysis content that you'll run into on the CEOE Business Education test. This chapter has readily available practice quizzes to let you double-check your understanding of the lessons.

CEOE Business Education: Quantitative Analysis in Business - Chapter Summary

You'll get to watch video lessons and read through text on the quantitative analysis issues in this chapter, such as histograms and two-way tables. The review material for the CEOE Business Education test in this chapter also goes over these topics:

  • Decision trees, payback analysis and simulation software
  • Summarizing and conducting statistical analysis of categorical data
  • Relative and cumulative frequency tables
  • Two-way tables
  • Using quantitative data
  • Histograms
  • Center, shape and spread dealing with graphs
  • Reading and interpreting line graphs
  • Understanding bar graphs and pie charts
  • Making estimates with scatter plots

After you review these short, fun videos, you will have refreshed your memory on a variety of key exam content. For your convenience, there are video tags to make reexamining any specific segments quick and easy.

Objectives of the CEOE Business Education: Quantitative Analysis in Business Chapter

The CEOE Business Education test is used to award certification for teaching business in public schools in Oklahoma. The test includes 80 multiple-choice questions split between five content areas; one area also includes a constructed-response question. The Economics and Finance subarea of the test makes up 17% of the test questions and is where you could find questions about quantitative analysis.

14 Lessons in Chapter 72: CEOE Business Education: Quantitative Analysis in Business
Test your knowledge with a 30-question chapter practice test
Quantitative Decision Making Tools: Decision Trees, Payback Analysis & Simulations

1. Quantitative Decision Making Tools: Decision Trees, Payback Analysis & Simulations

Successful managers use decision-making tools to analyze a problem and try to determine the best solution for that problem. Here, we will discuss three main decision-making tools and help you to understand their function and implementation.

Statistical Analysis with Categorical Data

2. Statistical Analysis with Categorical Data

Learn why percentages are so important when analyzing categorical data in this video lesson. Watch as the data is turned into a data table and a visual bar graph as ways to analyze the data.

Summarizing Categorical Data using Tables

3. Summarizing Categorical Data using Tables

Watch this video lesson to find out why data tables are an excellent way to summarize your categorical data. Learn what you need to do to your data before constructing a table and the two ways you can show your data.

How to Calculate Percent Increase with Relative & Cumulative Frequency Tables

4. How to Calculate Percent Increase with Relative & Cumulative Frequency Tables

In statistics, one way to describe and analyze data is by using frequency tables. This lesson will discuss relative and cumulative frequencies and how to calculate percent increase using these two methods.

What is a Two-Way Table?

5. What is a Two-Way Table?

Do you believe in Martians? Do you watch football on television? A Two-Way Table or Contingency Table is a great way to show the results of all kinds of survey questions. In this video we will learn how to read a two-way table.

Make Estimates and Predictions from Categorical Data

6. Make Estimates and Predictions from Categorical Data

Categorical data can be estimated but not predicted. Learn why in this video lesson along with how to read and gather information from a bar graph of categorical data.

What is Quantitative Data? - Definition & Examples

7. What is Quantitative Data? - Definition & Examples

Watch this video lesson to find out the difference between saying you have seven apples and saying that those apples are delicious. You will learn about quantitative data and why it is useful.

What is a Histogram in Math? - Definition & Examples

8. What is a Histogram in Math? - Definition & Examples

Watch this video lesson to see how useful a histogram can be when you need to show a bunch of data in an easy to read format. Also, learn how you can easily gather the information you need from looking at a histogram.

What are Center, Shape, and Spread?

9. What are Center, Shape, and Spread?

Center, shape, and spread are all words that describe what a particular graph looks like. Watch this video lesson to see how you can identify and explain each.

Describing the Relationship between Two Quantitative Variables

10. Describing the Relationship between Two Quantitative Variables

In this video lesson, you will learn about quantitative variables, what they are, and how one variable relates to another. You will learn why this is important and why it can sometimes even save lives.

Reading and Interpreting Line Graphs

11. Reading and Interpreting Line Graphs

Watch this video lesson to find out how useful line graphs can be and how much information you can gain just from looking at one. Learn how you can apply that information in your own life to help you make better decisions.

Understanding Bar Graphs and Pie Charts

12. Understanding Bar Graphs and Pie Charts

In this lesson, we will examine two of the most widely used types of graphs: bar graphs and pie charts. These two graphs can provide the reader with a comparison of the different data that is displayed.

Interpreting Graphical Representations

13. Interpreting Graphical Representations

After watching this video lesson, you will be able to quickly and easily read and interpret any line and bar graph. You will be able to gather important information by just looking at one of these graphs.

Making Estimates and Predictions using Quantitative Data

14. Making Estimates and Predictions using Quantitative Data

Watch this video lesson to learn how you can read a scatter plot to learn more about a particular situation. Also learn how you can make estimates within the range of data you have and predict what may happen outside the range of data.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

Earning College Credit

Did you know… We have over 160 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.

To learn more, visit our Earning Credit Page

Transferring credit to the school of your choice

Not sure what college you want to attend yet? Study.com has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.

Other Chapters

Other chapters within the OSAT Business Education (CEOE) (040): Practice & Study Guide course

Support