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Question 1

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To draw inferences about a sample population being studied by modeling patterns of data in a way that accounts for randomness and uncertainty in the observations is known as ____________________.

Question 2

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The perfect sample size is the minimum number of data points required to provide exactly 6% overlap or risk if one wants a 95% confidence level.

Question 3

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Bias in Sampling is an error due to lack of independence among random samples or due to systematic sampling procedures.

Question 4

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The Central Limit Theorem helps us understand the ___________ we are taking and is the basis for using sampling to estimate population parameters.

Question 5

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Hypothesis Testing can help avoid high costs of experimental efforts by using existing data.

Question 6

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If a Histogram displays two peaks the distribution would likely be _____________.

Question 7

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A Belt gathered the following defect data for a shoe production line and wanted to assemble it into a Pareto Chart. The correct order from left to right in the chart would be: Data: Cutting38 For

Question 8

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Measurement error is defined as the effect of all sources of measurement variability that caused an observed or measured value to deviate from the __________.

Question 9

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Measurement System Analysis is a procedure used to quantify variation of the method or system used for taking measurements.

Question 10

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Hypothesis Tests determine the probabilities of differences between observed data and the hypothesis being solely due to chance. This is determined based on the result of the ______________.

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Related questions

Hypothesis Testing can help avoid high costs of experimental efforts by using existing data.

The deviation of the measured value from the actual value regardless of the operator is known as ______________.

Process Capability is a function of which of these?

Which of the following is used to test the significance for the analysis of a Variance Table?

SPC on the outputs is more preferred than SPC on the inputs when implementing SPC for your process.

When looking at a distribution graph, the Mean is defined as the __________.

The X-Y Diagram is a tool used to identify/collate potential X's and assess their relative impact on multiple Y's.

The acronym for the defined approach taken by Lean Six Sigma to solve significant challenges related to a process is which of these?

When constructing a Fishbone Diagram using the ________ approach is the most classic arrangement.

The proper functioning of a Visual Factory is dependent upon which of these?

Question 96 - ICGB discussion

Report

Training cost is $4,000 and a project required an initial investment of $30,000. If the project yields monthly savings of $2,000 beginning after 3 months, what is the payback period in months (before money costs and taxes)?

A.

10

B.

20

C.

27

D.

33

Show Answer

asked 23/09/2024

Mike de Roo

29 questions

User

Your answer: A B C D

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