We offer the latest GMAT-Data-Insights practice test designed for free and effective online Graduate Management Admission Test (GMAT) - Section - Data Insights certification preparation. It's a simulation of the real GMAT-Data-Insights exam experience, built to help you understand the structure, complexity, and topics you'll face on exam day.
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)
When analyzing a decision tree for a business problem, what does a high information gain ratio at a particular split indicate? (difficulty: medium)
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 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)
In a GMAT data sufficiency question about customer demographics, what should you do when Statement (1) provides categorical data and Statement (2) provides numerical data? (difficulty: medium)
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