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UNIT 2: INTRO TO QUANTITATIVE ANALYSIS: UNIT TEST 2025 QUESTIONS AND ANSWERS The foundational basis of utilizing quantitative analysis is ensuring the use of _____________ data in order to better understand a business problem. ....ANSWER ...--valid and measureable When describing a cause-and-effect relationship, variables are used. One variable is typically impacted by another. The variable that is not impacted by another variable is called what? - ....ANSWER ...--independent variable Estimated future demand is quantified using a business forecast. A pool supply company's operations manager may find forecasting helpful in order to predict and manage the amount of chemical container____________for the upcoming summer seasonal months. - ....ANSWER ...-- One method of data collection is the use of closed-ended questions. What is the advantage of using this method for data collection? - ....ANSWER ...--The answers to the questions are quantifiable and can be categorized. ....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1