Nominal Scale data consists of names, labels or categories and cannot be arranged in any mathematical ordering scheme. Complex arithmetic functions cannot be easily applied to Nominal Data:
A. TrueTraining cost is $4,000 and a project required an initial investment of $30,000. If the project yields monthly savings of $2,000 beginning after 3 months, what is the payback period in months (before money costs and taxes)?
A. 10A plastic box manufacturer is producing 4 types of boxes. A quality engineer is working on reducing the variances of the storage capacity of boxes. To explain the variation of storage capacity across all types of boxes, which method should he use?
A. Random samplingThe practice of utilizing Poka-Yoke is also known as ________________.
A. Thorough integrationCost of Poor Quality (COPQ) can be classified as Tangible (Visible) Costs and Hidden Costs.
A. TrueA Belt experienced an Alpha of .05 and a Beta of .10 and knew these are the most common risk levels when running a Statistical test.
A. TrueWhich of these is Discrete data?
A. The airplane needed 34 gallons of fuel.A process can be defined as a repetitive and systematic series of steps or activities where inputs are modified or assembled to achieve a _______________ result.
A. Revenue totalThe Mann-Whitney Test is used to test if the Means for two samples are different.
A. TrueThe X-Y Diagram is a tool used to identify/collate potential X's and assess their relative impact on multiple Y's.
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