Ask Management Theories Expert

A principle of statistical thinking is that variation exists in all processes
A. True
B. False
Question 2 of 31
The purpose of Deming's Red Bead Experiment is to demonstrate how to perform an inspection.
A. True
B. False
Question 3 of 31
Deming's Funnel Experiment illustrates that people can and do create unwanted process variation by indiscriminately trying to remove common-cause variation.
Question 4 of 31
Special cause variation generally accounts for 80 to 95 percent of the observed variation in a production process.
Question 5 of 31
A way to reduce assignable-cause variation is to redesign the system.
A. True
B. False
Question 6 of 31
Tampering with a stable system can increase the variation in the system.
A. True
B. False
Question 7 of 31
Special-cause variation tends to be easily detectable using statistical methods.
A. True
B. False
Question 8 of 31
A lesson offered by the Red Bead Experiment is that setting numerical output goals for a process are meaningful because workers control the process.
A. True
B. False
Question 9 of 31
A system comprised of only common cause variation is unstable.
A. True
B. False
Question 10 of 31
A purpose of the Funnel Experiment is to demonstrate the effect of 'tampering.'
A. True
B. False
Question 11 of 31
Sample statistics are used to estimate population parameters.
A. True
B. False
Question 12 of 31
An airline that computes the average number of baggage handling errors that has occurred per 1,000 passengers in the last year is utilizing statistical inference.
A. True
B. False
Question 13 of 31
A discrete random variable can take on only finite values.
A. True
B. False
Question 14 of 31
A sample is a complete set or collection of objects of interest.
A. True
B. False
Question 15 of 31
Sample statistics are often used as point estimators for population parameters.
A. True
B. False
Question 16 of 31
Bias is a form of non-systematic sampling error.
A. True
B. False
Question 17 of 31
Separating a hospital into wards and then randomly selecting a sample of patients from each ward is an example of stratified random sampling.
A. True
B. False
Question 18 of 31
Products are boxed in groups of 25. Drawing a sample of boxes and inspecting all units in the boxes selected is an example of systematic sampling.
A. True
B. False
Question 19 of 31
As the sample size increases the standard error of the mean increases, all else being held constant.
A. True
B. False
Question 20 of 31
Sampling techniques are designed for manufacturing operations and not for service operations.
A. True
B. False
Question 21 of 31
Statistical thinking is a philosophy of learning and action based on all of the following principles except
A. All work occurs in a system of interconnected processes.
B. Variation exists in all processes.
C. All variation can be traced to human error.
D. Understanding and reducing variation are keys to success.
Question 22 of 31
All of the following are illustrated by the Red Bead Experiment except
A. Management is responsible for the system.
B. All the variation in the production of red beads came entirely from the process itself.
C Special cause variation can be predicted.
D. Numerical goals are often meaningless.
Question 23 of 31
A system governed only by common cause variation is a system that
A. insures high productivity.
B. is stable.
C. meets a customer's quality specifications.
D. has zero natural variation.
Question 24 of 31
Acting on every result as if it were a special cause of variation is known as
A. stabilizing.
B. bullwhipping.
C. tampering.
D. monitoring.
Question 25 of 31
_____ is the process of drawing conclusions about unknown characteristics of a population from data.
A. Logical inference
B. Post-data inference
C. Statistical inference
D. Random inference
Question 26 of 31
Characteristics of the population are called
A. point estimates.
B. random variables.
C. statistics.
D. parameters.
Question 27 of 31
The component of statistical methodology that includes the collection, organization, and summarization of data is called
A. descriptive statistics.
B. analytical statistics.
C. inferential statistics.
D. predictive statistics.
Question 28 of 31
The sampling method where every item in the population has an equal probability of being selected is called
A. simple random sampling.
B. stratified sampling.
C. systematic sampling.
D. judgment sampling.
Question 29 of 31
Which of the following constitutes an approach to reducing sampling error?
A. cross-checking research designs with knowledgeable analysts
B. questioning the assumption that tomorrow's and today's population are comparable
C. taking a larger sample from the population
D. reduce conditions that contribute to dissimilar population segments
Question 30 of 31
A ______ is a subset of items taken from a population.
A. point estimate
B. sample
C. variable
D. standard deviation
Question 31 of 31
Everything else being remaining constant, when the sample size _______, sampling error decreases.
A. increases
B. decreases
C. stays constant
D. none of the above

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M91220659
  • Price:- $25

Priced at Now at $25, Verified Solution

Have any Question?


Related Questions in Management Theories

Assignment -for this assignment analyze and discuss your

Assignment - For this assignment, analyze and discuss your personal leadership style. Based on your experiences, current readings, work experience, education, and use of self-assessment instruments describe what you thin ...

Assignment -personal reflection 1 -instructions - watch

Assignment - Personal Reflection 1 - Instructions - Watch Milgram's obedience video: Milgram Experiment Proves We Blindly Obey Authority. Consider the following. Christ called his disciples to follow him (Mark 1:17). He ...

Assignment -instructions - please follow instructions for

Assignment - Instructions - Please follow instructions for all for Personal Learning Journal. And each personal learning journal should be of 300words. Each student will keep a personal journal to reflect and record thei ...

Healthcare information technology overview the current

Healthcare Information Technology Overview: The current healthcare industry utilizes a plethora of healthcare information technology (HIT) systems. HIT systems are designed to enhance quality outcomes, prevent adverse ev ...

Archetypes in actionsenge ross smith roberts amp kleiner

Archetypes in Action Senge, Ross, Smith, Roberts, & Kleiner (1994) noted: At its broadest level, systems thinking encompasses a large and fairly amorphous body of methods, tools, and principles, all oriented to looking a ...

Assessment descriptionyou are required to read the

Assessment Description You are required to read the following journal article article: 1. How Risky is Your Company? HBR. May-June 1999 You are also required to read a fictional case study based on a company that will be ...

Discussion - this discussion deals with the important topic

Discussion - This Discussion deals with the important topic of whether money is a motivator for increased job performance and satisfaction. Look at your own history of how you have been compensated, what problems you saw ...

Question - choose a product or technology interview five

Question - Choose a product or technology. Interview five consumers who buy that product and ask them what major problems they have with the product (or what major things they dislike about it). Then ask them to describe ...

Questions -1 choose an industry and then use the library or

Questions - 1. "Choose an industry and then use the library or the Internet to find data from secondary sources that will be highly useful in developing a marketing plan." Start thinking of the industry that relates to t ...

Developing leaders and organisations assessment - report on

Developing, Leaders and Organisations Assessment - Report on Promoting Individual Informal Workplace Learning Brief - You are the newly-appointed Human Resource Advisor in a medium-sized business that employs approximate ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As