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Statistical methods

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Statistical methods Multiple Choice Questions 1. Statistical methods help to: A. Demonstrate the need for improvement B. Identify ways to make improvements C. Assess whether or not improvement activities have been successful D. Estimate the benefits of improvement E. All of the above AACSB: Reflective Thinking Bloom’s: Knowledge Difficulty: Easy Topic: Process/Statistical Control 2. Ratio variables have the following characteristics: A. Meaningful order B. An inherently defined zero value C. Categorical in nature D. Predictable AACSB: Reflective Thinking Bloom’s: Knowledge Difficulty: Easy Topic: Variable 3. When we are choosing a random sample and we do not place chosen units back into the population, we are: A. Sampling with Replacement B. Sampling without Replacement C. Using a Systematic Sample D. Using a Voluntary Response Sample AACSB: Reflective Thinking Bloom’s: Knowledge Difficulty: Medium Topic: Sample 4. Which of the following is a quantitative variable? A. The make of a TV B. A person’s gender C. Mileage of a car D. Whether a person is a college graduate E. Whether a person has a charge account AACSB: Reflective Thinking Bloom’s: Comprehension Difficulty: Easy Topic: Variable 5. Which of the following is a categorical variable? A. Air Temperature B. Bank Account Balance C. Daily Sales in a Store D. Whether a Person Has a Traffic Violation E. Value of Company Stock AACSB: Reflective Thinking Bloom’s: Comprehension Difficulty: Medium Topic: Variable Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help

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