Assess the CertsIQ’s updated GMAT-Data-Insights exam questions for free online practice of your Graduate Management Admission Test (GMAT) - Section - Data Insights test. Our GMAT Data Insights dumps questions will enhance your chances of passing the GMAT certification exam with higher marks.
A retail data analysis shows that shelf space allocated to Product X generates $100 per square foot, while Product Y generates $80 per square foot. If 100 square feet must be allocated between these products, what is the opportunity cost per square foot of allocating space to Product Y? (difficulty: medium)
In regression analysis, when examining the relationship between advertising spend and sales revenue, what does a p-value of 0.002 for the coefficient indicate? (difficulty: medium)
In sales funnel analysis, which metric best indicates the efficiency of your sales process when comparing the performance of different months? (difficulty: hard)
When analyzing KPIs for a retail business, what would a consistently increasing Cost of Customer Acquisition (CAC) coupled with decreasing Customer Lifetime Value (CLV) most likely indicate? (difficulty: hard)
A retail company improved its inventory turnover from 4 to 6 times per year while maintaining the same sales level. What does this indicate about inventory management efficiency? (difficulty: medium)
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