Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

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

Fully answer the assigned questions in narrative third

Fully answer the assigned questions in narrative, third person format. The paper consist of 1200 WORDS. Also, include at least three (3) scholarly sources in your responses. Paper must be completed in APA format. NO PLAG ...

Benchmark - community teaching plan community

Benchmark - Community Teaching Plan: Community Presentation Note: This is an individual assignment. Based on the feedback offered by the provider, identify the best approach for teaching. Prepare a presentation to accomp ...

Cnsider the binomial distribution where n 11 and p

Consider the binomial distribution where n = 11 and p = 0.05. Find the mean and standard deviation of this binomial distribution. The customers at a local appliance store are polled as they leave the store. Each is asked ...

Discussion post in a minimum of 150 words select one of the

Discussion Post: In a minimum of 150 words, select one of the discussion questions from the case study and answer the discussion question you selected. (The list of discussion questions from the case study are listed bel ...

Discussion assignment - discuss the following statementif

Discussion Assignment - Discuss the following statement: If management gets a union, it deserves one. Take a position for or against the statement and support your argument with both your research into the subject (refer ...

Business research assignments -assessment 1 - literature

Business Research Assignments - Assessment 1 - Literature Review (2000 to 2500 words) For this assessment, students are expected to demonstrate their understanding of the extant, academic literature related to an approve ...

Describe how government-supported big business during the

Describe how government-supported big business during the Reagan Era effected the U.S. economy and labor unions.

Df or computer forensics cf laboratory and what actually

(DF) or computer forensics (CF) laboratory and what actually one would find in a lab. Trust me, there are many different artifacts surrounding the DF/CF lab. After you find the article, you are to write a short 1-2 repor ...

Questionwrite a paper of 1000-1500 words that addresses the

Question: Write a paper of 1,000-1,500 words that addresses the following: 1. Discuss two or three of the major shifts that have occurred in managerial theories and concepts pertaining to the evolution of human resources ...

Three friends tom jerry and mary were having coffee in the

Three friends, Tom, Jerry and Mary were having coffee in the GOSSIP CAFÉ and were discussing their job prospects. Tom told his mates that he has just resigned from his current job because he worked long hours and did not ...

  • 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