Data-Based Business Decisions Answers

What is the first step in the decision-making process, and why is it important?

Orlon Jewelry, a retail store, restructures its employees’ schedules every six months. The employees are asked for their shift preferences, and the schedules are rearranged according to these preferences. When there is a conflict, those with the best total sales over the past six months are given priority. The following graph and table show the most recent sales records and employee preferences, respectively. Employee 1st Pick 2nd Pick 3rd Pick 4th Pick Brian 2 p.m. 8 a.m. 11 a.m. 5 p.m. Laura 5 p.m. 8 a.m. 2 p.m. 11 a.m. Miguel 5 p.m. 11 a.m. 8 a.m. 2 p.m. Wanda 2 p.m. 5 p.m. 11 a.m. 8 a.m. Based on this information, when will each employee’s shift begin? a. 8 a.m. - Laura; 11 a.m. - Miguel; 2 p.m. - Wanda; 5 p.m. - Brian b. 8 a.m. - Miguel; 11 a.m. - Wanda; 2 p.m. - Brian; 5 p.m. - Laura c. 8 a.m. - Laura; 11 a.m. - Brian; 2 p.m. - Wanda; 5 p.m. - Miguel d. 8 a.m. - Brian; 11 a.m. - Miguel; 2 p.m. - Laura; 5 p.m. - Wanda Please select the best answer from the choices provided

Jasmine set up counters at four major intersections, keeping track of how many cars passed by each on a daily basis over the course of several days. Her findings are shown in the chart below. Which intersection had the greatest number of increases in traffic from day to day? a. Huffman b. Price c. Mason d. Pearl Please select the best answer from the choices provided

Year

The following graph shows the size of minnows that were caught over the course of a day. During which interval were the most minnows caught? a. early morning (0:00 - 6:00) b. late morning (6:00 - 12:00) c. afternoon (12:00 - 18:00) d. evening (18:00 - 0:00) Please select the best answer from the choices provided

The following graph details the number of performances of plays a Shakespearean acting company has performed over the past five years. If the company has performed Twelfth Night 25 times in the past five years, how many times have they performed in total? Round to the nearest whole performance, if necessary. a. 42 b. 50 c. 147 d. 221 Please select the best answer from the choices provided

As the director of advertising for a computer company, Isabella is trying to decide how to distribute the money in her advertising budget. The amount of money gained from the sale of various products over the past year is shown in the graph below. Isabella wants the distribution of money spent on advertising to match the distribution of profit gained from each product. If Isabella has a budget of $22.5 million, how much should she allocate for ads for peripherals, to the nearest hundred thousand dollars? a. $9.7 million b. $7.3 million c. $4.1 million d. $2.2 million Please select the best answer from the choices provided

Year

A certain company gives its salespeople a bonus every six months. This bonus is calculated by averaging (taking the mean of) the four middle monthly sales values (that is, ignoring the highest and lowest) from the six-month window, taking 12% of the result, and splitting it evenly among the salespeople. The graph below shows sales for the most recent bonus period. If there are five salespeople, how much money will each one receive, to the nearest dollar? a. $556 b. $525 c. $

The following graph details the number of performances of plays a Shakespearean acting company has performed over the past five years. If the company has performed Twelfth Night 25 times in the past five years, how many times have they performed in total? Round to the nearest whole performance, if necessary. a. 42 b. 50 c. 147 d. 221 Please select the best answer from the choices provided

Employee