10. Topic 10(COLON) Research, Quantitative and Study Skills

Lesson 10.1: Quantitative Methods For Business — Quiz

Test your understanding of lesson 10.1: quantitative methods for business with 5 practice questions.

Practice Questions

Question 1

What is the mean of the following data set: 5, 10, 15, 20?

Question 2

If a company has sales of $200,000 in year 1 and $250,000 in year 2, what is the rate of change in sales from year 1 to year 2?

Question 3

Which of the following is the mode of the data set: 3, 6, 6, 7, 8?

Question 4

What is the median of the following data set: 4, 1, 7, 3, 9?

Question 5

A company’s expenses are $300,000 and its revenues are $450,000. What is the profit percentage?