The whoop can an indicator of a solid hit but not necessarily a good hit. The whoop usually come from a body hit, can be heart/lung or guts makes the same sound. Depending on topography and how sound travels it doesn't always make the same return sound. I have also heard the whoop on a miss, just depends on what bullet strikes on the back ground. A higher pitched crack can indicate bone or a rock, sound is very similar.
All copper don't seem to make as big or any whoop in my small sample size that I've witnessed.
I would say it is not an indicator of a good hit, just mainly a indicator of a hit. The type of sound plus animals reaction is usually a good indicator.