For a Normal Distribution as samples size increases the Range in Mean and Standard Deviation decrease relative to the Mean and Standard Deviation of the population.
Correct Answer:A
Special Cause Variation falls into which two categories?
Correct Answer:C
What dollar amount of savings would a project show if it reduced your outstanding Accounts Receivable by $0.9 million dollars to $3.5 million total and your organization’s marginal cost of capital was 5.7%?
Correct Answer:B
Two of the key deliverables for the Measure Phase are a robust description of the process and its flow and an assessment of the Management System.
Correct Answer:B
Handling of warranty returns, process improvement team meetings and rework to meet customer expectations are all examples of business costs that are classified as______.
Correct Answer:B
A fundamental rule is that both Standard Deviation and Variance can be added.
Correct Answer:B