HBRI HBRI - Hogan Business Reasoning Inventory Numerical Estimation and Approximation

Question 1

A company's revenue grew from $4.8 million to $6.3 million over two years. Which is the closest approximation of the percentage increase?

Accepted Answer

About 31%

Answer

About 25%

Answer

About 15%

Answer

About 45%

Question 2

A project team of 12 people completes a task in 8 days. Approximately how many days would it take a team of 9 people to complete the same task?

Accepted Answer

About 11 days

Answer

About 9 days

Answer

About 14 days

Answer

About 6 days

Question 3

If a company spends $2,340 monthly on software subscriptions and negotiates a 15% discount, what is the best estimate of the annual savings?

Accepted Answer

About $4,200

Answer

About $2,800

Answer

About $3,500

Answer

About $1,800

Question 4

Sales data shows 3,450 units sold in Q1, 4,210 in Q2, and 3,890 in Q3. Which is the closest estimate of average quarterly sales?

Accepted Answer

About 3,850 units

Answer

About 3,700 units

Answer

About 4,000 units

Answer

About 4,200 units

Question 5

A manager estimates that 18% of 4,500 customer complaints require escalation. Which is the best approximation of the number of escalations?

Accepted Answer

About 810

Answer

About 650

Answer

About 540

Answer

About 900

Question 6

A warehouse processes approximately 1,200 orders per day and operates 5 days per week. Which estimate best represents annual order volume (52 weeks)?

Accepted Answer

About 312,000

Answer

About 250,000

Answer

About 175,000

Answer

About 425,000

A company's revenue grew from $4.8 million to $6.3 million over two years.Which is the closest approximation of the percentage increase?