MAT 510 FINAL EXAM
Question 1
4 out of 4 points
Understanding variation is important because variation: |
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- Question 2
4 out of 4 points
The Statistical Thinking Strategy illustrated in Figure 2.14 provides a graphic of the overall approach to driving improvement through statistical thinking. Which of the following is a key principle illustrated in this specific graph? |
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- Question 3
4 out of 4 points
Improving the quality of process measurements is: |
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- Question 4
4 out of 4 points
The Hidden Factory is: |
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- Question 5
4 out of 4 points
Which type of variation was critical to resolving the realized revenue case study? |
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- Question 6
4 out of 4 points
A process is said to be capable if: |
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- Question 7
4 out of 4 points
The histogram below showing ages of credit card holders displays what type of distribution? |
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- Question 8
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? |
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- Question 9
4 out of 4 points
Non-random and unpredictable patterns on a control chart indicate: |
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- Question 10
4 out of 4 points
A main purpose of a control chart is to: |
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- Question 11
4 out of 4 points
Models based on subject matter fundamentals (theory) are generally better than statistical models for: |
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- Question 12
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: |
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- Question 13
4 out of 4 points
George Box tells us “all models are wrong but some are useful”. By this comment he means: |
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- Question 14
4 out of 4 points
Tips for building useful models include: |
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- Question 15
4 out of 4 points
The best way to evaluate the validity of a statistical model is: |
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- Question 16
4 out of 4 points
Given the plot below, what might you suspect about factors A and B? |
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- Question 17
4 out of 4 points
The following table shows data on the effect of Machine Pressure on product hardness. What statistical test should be used to test the effect of pressure on average hardness?
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- Question 18
4 out of 4 points
What should one consider when analyzing the results of an experiment? |
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- Question 19
4 out of 4 points
In every experiment there is experimental error. Which of the following statements is true? |
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- Question 20
4 out of 4 points
A 32 experiment means that we are experimenting with: |
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- Question 21
4 out of 4 points
We are conducting a poll for the mayoral election of a medium sized city, and found with one week before the election that the Democrat candidate is leading with 52% planning to vote for her, 46% planning to vote for the Republican, with 2% not sure. The 95% confidence interval for proportion planning to vote for the Democrat is +/- 3%. Based on this information, and making reasonable assumptions, which of the following statements is correct? |
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- Question 22
4 out of 4 points
For which of the following scenarios am I most likely to utilize a Chi-squared test? |
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- Question 23
4 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? |
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- Question 24
4 out of 4 points
Which of the following could be considered a prediction interval? |
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- Question 25
4 out of 4 points
What would happen (other things equal) to a confidence interval if you calculated a 99 percent confidence interval rather than a 95 percent confidence interval? |
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