Question 1
4 out of 4 points
In every experiment there is experimental error. Which of the following statements is true?Answer | ||||
Selected Answer: This error can be changed statistically by increasing the degrees of freedomCorrect Answer: This error can be changed statistically by increasing the degrees of freedom |
Question 2
4 out of 4 points
This technique is used to eliminate the effects of nuisance factors (e.g., machines, day of week, and season of year) from an experiment.Answer | ||||
Selected Answer: BlockingCorrect Answer: Blocking |
Question 3
4 out of 4 points
An aspect of good experimental strategy is to study the effects of the variables (Xs) over a wide range. This strategy increases the chances that effects will be found because:Answer | ||||
Selected Answer: The size of the effect relative to the experimental variation is increasedCorrect Answer: The size of the effect relative to the experimental variation is increased |
Question 4
4 out of 4 points
A 32 experiment means that we are experimenting with:Answer | ||||
Selected Answer: Three levels of two factorsCorrect Answer: Three levels of two factors |
Question 5
4 out of 4 points
Given the plot below, what might you suspect about factors A and B? Answer | ||||
Selected Answer: The effect of A depends on the level of BCorrect Answer: The effect of A depends on the level of B |
Question 6
4 out of 4 points
Which type of variation was critical to resolving the realized revenue case study?Answer | ||||
Selected Answer: Structural variationCorrect Answer: Structural variation |
Question 7
4 out of 4 points
Figure 2.15 displays a model of the statistics discipline, showing the relationship between statistical thinking, statistical engineering, and statistical methods and tools. Which of the following is a principle illustrated by this model?Answer | ||||
Selected Answer: Statistical engineering links the methods and tools to the statistical thinking philosophy, to ensure they are appropriately appliedCorrect Answer: Statistical engineering links the methods and tools to the statistical thinking philosophy, to ensure they are appropriately applied |
Question 8
4 out of 4 points
The model residuals are examined to:Answer | ||||
Selected Answer: All of the aboveCorrect Answer: All of the above |
Question 9
4 out of 4 points
A statistic that is used to indicate too much correlation between the predictors in a regression analysis is called the:Answer | ||||
Selected Answer: Variance inflation factorCorrect Answer: Variance inflation factor |
Question 10
4 out of 4 points
The best way to evaluate the validity of a statistical model is:Answer | ||||
Selected Answer: All of the aboveCorrect Answer: All of the above |
Question 11
4 out of 4 points
George Box tells us “all models are wrong but some are useful”. By this comment he means:Answer | ||||
Selected Answer: B and CCorrect Answer: B and C |
Question 12
4 out of 4 points
Models based on subject matter fundamentals (theory) are generally better than statistical models for:Answer | ||||
Selected Answer: A and BCorrect Answer: A and B |
Question 13
4 out of 4 points
We are testing the null hypothesis that the average monthly revenue between four insurance offices is the same. We obtained a p-value of .07. Which of the following would be an appropriate conclusion about the population?Answer | ||||
Selected Answer: None of the aboveCorrect Answer: None of the above |
Question 14
4 out of 4 points
I have calculated an interval to document the uncertainty in my estimate of the long-term standard deviation I will experience in time to pay invoices in my business going forward. Baaed on this information, this should be considered what type of interval?Answer | ||||
Selected Answer: Confidence interval for a parameterCorrect Answer: Confidence interval for a parameter |
Question 15
0 out of 4 points
After running an ANOVA comparing the average years of experience between five different job classifications, we obtained a p value of .02. Which of the following would be a reasonable conclusion concerning the population in this case?Answer | ||||
Selected Answer: None of the aboveCorrect Answer: We have strong evidence to state that at least two of the job classifications have different average ages |
Question 16
4 out of 4 points
For which of the following scenarios am I most likely to utilize a Chi-squared test?Answer | ||||
Selected Answer: Comparing the proportion of employees who take 10 or more sick days a year between three manufacturing plantsCorrect Answer: Comparing the proportion of employees who take 10 or more sick days a year between three manufacturing plants |
Question 17
4 out of 4 points
Which of the following could be considered a prediction interval?Answer | ||||
Selected Answer: An interval documenting uncertainty in the average of the next month’s daily revenuesCorrect Answer: An interval documenting uncertainty in the average of the next month’s daily revenues |
Question 18
4 out of 4 points
Improvement is needed for an organization to survive because:Answer | ||||
Selected Answer: All of the aboveCorrect Answer: All of the above |
Question 19
4 out of 4 points
Control limits were originally defined at the three-sigma level because:Answer | ||||
Selected Answer: This level provides a good balance between the risks of having “false alarms” and missing special causesCorrect Answer: This level provides a good balance between the risks of having “false alarms” and missing special causes |
Question 20
4 out of 4 points
If my histogram appears bimodal, what tool might help me evaluate why?Answer | ||||
Selected Answer: StratificationCorrect Answer: Stratification |
Question 21
4 out of 4 points
In evaluating data on our process outputs, four characteristics we might investigate are: central tendency, variation, shape of distribution, and stability. Which of the following tools would be most helpful to determine stability of the process?Answer | ||||
Selected Answer: Run chartCorrect Answer: Run chart |
Question 22
4 out of 4 points
The histogram has which of the following limitations?Answer | ||||
Selected Answer: It hides the effect of process instabilityCorrect Answer: It hides the effect of process instability |
Question 23
4 out of 4 points
Non-random and unpredictable patterns on a control chart indicate:Answer | ||||
Selected Answer: Special cause variationCorrect Answer: Special cause variation |
Question 24
4 out of 4 points
Refer to Figure 3.21 and choose the correct statement for the measurementsAnswer | ||||
Selected Answer: Measure C is not accurate but has good precisionCorrect Answer: Measure C is not accurate but has good precision |
Question 25
4 out of 4 points
Processes are important because:Answer | ||||
Selected Answer: All of the aboveCorrect Answer: All of the above |
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