Free Test Prep GMAT-Data-Insights Exam Questions

Question 1

In funnel analysis for an e-commerce website, if the conversion rate from cart to purchase is 25% and 1000 users add items to cart, how many purchases would be expected? (difficulty: easy)

A : 250 purchases

B : 400 purchases

C : 100 purchases

D : 2500 purchases

Answer: A

Question 2

A company's revenue increased from $2M to $3.5M over a 5-year period. What was the annual simple growth rate and how does it compare to the CAGR? (difficulty: hard)

A : CAGR is 15%, which is higher than the simple growth rate of 15%

B : CAGR is 11.8%, which is lower than the simple growth rate of 15%

C : CAGR is 15%, which is lower than the simple growth rate of 11.8%

D : Both CAGR and simple growth rate are 11.8%

Answer: B

Question 3

In a control chart analyzing production defects, if 8 consecutive points fall on one side of the mean line, what does this indicate in quality control terms? (difficulty: medium)

A : Random variation in the process

B : A shift in the process average

C : Equipment calibration error

D : Normal process behavior

Answer: B

Question 4

In capacity planning, a manufacturing company's historical data shows cyclic demand patterns with peaks every December. What is the most appropriate method to forecast future capacity needs? (difficulty: medium)

A : Simple moving average of the last 3 months

B : Exponential smoothing with seasonality factors

C : Linear regression without seasonal adjustments

D : Last year's December data only

Answer: B

Question 5

In capacity planning, a manufacturing company's historical data shows cyclic demand patterns with peaks every December. What is the most appropriate method to forecast future capacity needs? (difficulty: medium)

A : Simple moving average of the last 3 months

B : Exponential smoothing with seasonality factors

C : Linear regression without seasonal adjustments

D : Last year's December data only

Answer: B