Western Governors University (WGU) BUS3100 C723 Quantitative Analysis for Business Practice Exam

Surveys are a prime example of a qualitative analysis model because they are typically designed to gather subjective data from respondents regarding their opinions, experiences, beliefs, and feelings. This type of information is inherently qualitative, as it focuses on understanding the underlying motivations and behaviors of individuals rather than quantifiable metrics.

Qualitative analysis models like surveys are often used to gain insights into customer preferences, employee satisfaction, or market trends. The data gathered from surveys can then be analyzed for themes or patterns, contributing to strategic decision-making based on human factors and sentiments.

In contrast, the other options listed are primarily quantitative analysis techniques. Network diagrams represent project dependencies and scheduling in a visual format that can be quantified in terms of time and resources. Linear programming involves mathematical models aimed at optimizing a particular function subject to constraints, and break-even analysis calculates the point at which total revenues equal total costs, focusing on numerical values rather than qualitative assessments.