Free Test Prep GMAT-Data-Insights Exam Questions

When analyzing a scatter plot of advertising spend vs. revenue in a GMAT data interpretation question, what does a correlation coefficient of -0.1 indicate? (difficulty: medium)

In capacity planning, what does a steady increase in the ratio of peak-to-average demand over historical periods typically indicate? (difficulty: hard)

A competitive analysis graph shows that when the intensity of rivalry in an industry increased by 25%, the average industry profitability decreased by only 5%. What does this suggest about the industry's structural characteristics? (difficulty: hard)

When analyzing a scatter plot of advertising spend vs. revenue in a GMAT data interpretation question, what does a correlation coefficient of -0.1 indicate? (difficulty: medium)

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)