WGU C723 Quantitative Analysis For
Business Pre Assessment Exam 2026
Questions and Answers
1 A car stereo company is planning to introduce a new product into the market. It
faces stiff competition from two other organizations with similar products. The
company's marketing manager has asked the production manager to perform a
break-even analysis using three different price points. The marketing manager will
use the results to set a price for the new product.
Which type of method is a break-even analysis?
O Expert judgment
O Quantitative
O Qualitative
O Payback table - Correct answer-Quantitative
cuz break-even analysis using price points involves numbers
Quantitative or Quantity=Number
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,2 Over the last three months, a small rural hospital has seen a sudden increase in
the number of patients coming to the emergency room for non-emergency
treatment. The hospital administrator wants to know why there is a sudden increase
in demand and is considering three options to find out. Classify each method
available to the administrator as qualitative or quantitative.
Answer options may be used more than once or not at all. Select your answers
from the pull-down list.
Including an open-ended question on the intake form asking patients, "Please
explain why you selected this ER for
treatment." Intake forms can be sorted into non-emergency and emergency
categories; the "non-emergency"
responses can be analyzed to determine reasons the hospital was selected
Qualitative
Pulling the hospital's records for the last 10 years and sorting by medical codes to
check for similar patterns in past
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,years. A regression - Correct answer-Qualitative
cuz a why you selected question is an opinion.
Qualitative or Quality=Opinion
Qualitative
cuz the question can't be counted like 1+2+3+4+5=15.
Qualitative or Quality=Opinion
Quantitative cuz how many ideas are counted for ER visits.
Quantitative or Quantity=Number
3 A local music store that hosts live music has been a very popular hangout for
years. However, the owner is concerned that the increasing popularity of new
methods of music delivery will soon make the business obsolete. The owner is
considering building a
small recording studio in the basement of the store. The nearest professional studio
is 50 miles away, so a new studio may appeal to local musicians and increase foot
traffic. The owner has all the costs of building the studio and has also estimated
©COPYRIGHT 2025, ALL RIGHTS RESERVED 3
, how much revenue might increase due to the new studio (from studio rental fees,
increased food and drink sales if more people come to the live music shows, etc.).
The owner will use this information to determine the net present value for the
studio.
Which method of analysis should this owner use to make a determination?
O Decision tree
O Expert judgment
O Quantitative
O Qualitative - Correct answer-Quantitative
cuz counting number cost of building, food, drink, etc. Quantitative or
Quantity=Number.
4 How should quantitative analysis improve subsequent decision making for a firm
that wants to determine whether its revenue has
been increasing or decreasing for the past 10 years?
O It will help the company see why it has been making a profit
©COPYRIGHT 2025, ALL RIGHTS RESERVED 4
Business Pre Assessment Exam 2026
Questions and Answers
1 A car stereo company is planning to introduce a new product into the market. It
faces stiff competition from two other organizations with similar products. The
company's marketing manager has asked the production manager to perform a
break-even analysis using three different price points. The marketing manager will
use the results to set a price for the new product.
Which type of method is a break-even analysis?
O Expert judgment
O Quantitative
O Qualitative
O Payback table - Correct answer-Quantitative
cuz break-even analysis using price points involves numbers
Quantitative or Quantity=Number
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
,2 Over the last three months, a small rural hospital has seen a sudden increase in
the number of patients coming to the emergency room for non-emergency
treatment. The hospital administrator wants to know why there is a sudden increase
in demand and is considering three options to find out. Classify each method
available to the administrator as qualitative or quantitative.
Answer options may be used more than once or not at all. Select your answers
from the pull-down list.
Including an open-ended question on the intake form asking patients, "Please
explain why you selected this ER for
treatment." Intake forms can be sorted into non-emergency and emergency
categories; the "non-emergency"
responses can be analyzed to determine reasons the hospital was selected
Qualitative
Pulling the hospital's records for the last 10 years and sorting by medical codes to
check for similar patterns in past
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
,years. A regression - Correct answer-Qualitative
cuz a why you selected question is an opinion.
Qualitative or Quality=Opinion
Qualitative
cuz the question can't be counted like 1+2+3+4+5=15.
Qualitative or Quality=Opinion
Quantitative cuz how many ideas are counted for ER visits.
Quantitative or Quantity=Number
3 A local music store that hosts live music has been a very popular hangout for
years. However, the owner is concerned that the increasing popularity of new
methods of music delivery will soon make the business obsolete. The owner is
considering building a
small recording studio in the basement of the store. The nearest professional studio
is 50 miles away, so a new studio may appeal to local musicians and increase foot
traffic. The owner has all the costs of building the studio and has also estimated
©COPYRIGHT 2025, ALL RIGHTS RESERVED 3
, how much revenue might increase due to the new studio (from studio rental fees,
increased food and drink sales if more people come to the live music shows, etc.).
The owner will use this information to determine the net present value for the
studio.
Which method of analysis should this owner use to make a determination?
O Decision tree
O Expert judgment
O Quantitative
O Qualitative - Correct answer-Quantitative
cuz counting number cost of building, food, drink, etc. Quantitative or
Quantity=Number.
4 How should quantitative analysis improve subsequent decision making for a firm
that wants to determine whether its revenue has
been increasing or decreasing for the past 10 years?
O It will help the company see why it has been making a profit
©COPYRIGHT 2025, ALL RIGHTS RESERVED 4
