A 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.
Correct Answer:
A
Which element of waste best describes the cost of a resource being in the queue?
Correct Answer:
A
For the data shown here a Belt suspects the three grades are supplying the same results. Which statement(s) are true for proper Hypothesis Testing?
Correct Answer:
D
According to the definition of Rolled Throughput Yield which of these items best describe the purpose of RTY?
Correct Answer:
B
Inferential Statistics is largely about Significance. There are both Practical and __________ Significance to consider during an analysis of data in a Lean Six Sigma project.
Correct Answer:
D