A Belt will occasionally do a quick experiment referred to as an OFAT which stands for ____________________.
The 5 Why Analysis is only useful if the possible independent variable can be broken down into five possible causes.
A Belt concludes a Lean Six Sigma project with the creation of a Control Plan. At what point can the Control Plan be closed?
It is a Type II error if we decide to reject the Null Hypothesis when it is actually true.
The Alpha level of a test (level of significance) represents the yardstick against which P-values are measured and the Null Hypothesis is rejected if the P-value is which of these?
Which of these statements describe an undesirable situation when implementing SPC? (Note: There are 2 correct answers).
The Alpha level of a test (level of significance) represents the yardstick against which P-values are measured and the Null Hypothesis is rejected if the P-value is which of these?
With the use of Statistics we define the population to be a large enough sample set of data such that you can analyze it and draw conclusions as to all of the data.
Training cost $6,500 and a project required an initial investment of $47,500. If the project yields monthly savings of $3,500 beginning after 4 months, what is the payback period in months, before money costs and taxes?
A Stable process is a process whose output is consistent over time. A primary tool used to analyze Stability would be a ________________.
