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QUESTION NO: 1
Measurement __________ is defined as the difference between the observed and the expected values for a given set of data.
A. Range
B. Linearity
C. Bias
D. Breadth
Answer: C

QUESTION NO: 2
When we gather information for the Voice of the Business we are primarily interested in information concerning the _____________ of the business.
A. Market share
B. Ownership
C. Advertising budget
D. Profitability
Answer: D

QUESTION NO: 3
Which statement(s) are most correct for the Regression Analysis shown here?
A. The air-fuel ratio explains most of the TurbineOutput variation
B. This Simple Linear Regression explains 98+% of the process variation
C. The Regression explains 50.8% of the process variation
D. This Multiple Linear Regression has four statistically significant independent variables
Answer: A

QUESTION NO: 4
The Japanese born function of a Kaizen event utilizes a specific, step-by-step approach meant to bring about major changes to a process.
A. True
B. False
Answer: A

QUESTION NO: 5
The Central Limit Theorem says that as the sample size becomes large the sample Mean distribution will form a Normal Distribution, ____________________.
A. When the data is collected accurately
B. If the shape is evenly spread
C. If the Measurement System is properly calibrated
D. No matter what the shape of the population distribution of individuals
Answer: D

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Updated: May 27, 2022