BUS 515 Final Exam Part 1

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BUS 515 FINAL EXAM PART 1 Chapter 6 Multiple Choice Question 19 What measures the central tendency of a set of data? Coefficient of variation Variance Standard deviation Mean Range Multiple Choice Question 39 Consider a p - chart measuring the percentage of defective light bulbs. If the LCL is .04 and a sample has 1% defects, what is the implication? The process is in a state of control. The process is out of control even though the variation is “good.” The value of sigma must be increased. The process has too many errors. A calculation error must have occurred Multiple Choice Question 16 An OC curve is an example of what? Traditional statistical tools Fishbone diagramming Acceptance sampling Experimental design Statistical process control Multiple Choice Question 25 On a control chart, what separates common from assignable causes of variation? x - bar lines Control limits Specification limits Production limits Mean divided by standard deviation Multiple Choice Question 41 What are preset ranges of acceptable quality characteristics? Control limits Product specifications Six - sigma limits AQC limits R - chart limits Chapter 7
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