The Alpha level of a test (level of significance) represents the yardstick against which P- values are measured and the Null Hypothesis is rejected if the P-value is which of these?
A. Less than the Alpha level.Due to excessive pollution, GREEN Solutions Inc. is considering subsidizing public transportation to work for its employees. According to the manager it takes an average weekday commute of 39 minutes with a Standard Deviation of 7 minutes for the employees to get to work while they use their personal vehicles for their office commute while the management set a policy of not more than 40 minutes for their daily one-way commute. A survey conducted one day on 70 employees showed an average of 34 minutes commuting time using the metro public transportation system with a Standard Deviation of 21 minutes. Assuming a Normal Distribution for the commute times by either personal or public transportation, which of these is true?
A. The probability that they would arrive on time using personal vehicles is much higher than using the metro public transportation system (MPTS)Having an Alpha of .05 and a Beta of .10 are the most common risk levels when running a Statistical test.
A. TrueConducting a viable Capability Analysis using Attribute Data one must obtain a fairly large sample set to be statistically sound.
A. TrueContingency Tables are used to do which of these? (Note: There are 2 correct answers).
A. Illustrate one-tail proportions.The use of station warning lights, tool boards and jidohka devices in the application of Lean accomplish which of these principles?
A. Pilferage MinimizationLean focuses on the sequence of activities and work required to produce a product or a service. This flow is called a ___________________.
A. Value-add FlowIf a process has Outliers which pair of charts is most preferable if subgroups will exist for the Continuous Data?
A. Individual-Moving RangeIn order to standardize project savings financial calculation such project benefits can be compared the financial savings are typically calculated over what period of time?
A. 12 monthsWhile management of a company must set the stage for all improvement efforts, which of these 5S's is primarily driven by management?
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