Posts

Showing posts with the label MAT 510

MAT 510-MIDTERM EXAM

Question 1 Improvement is needed for an organization to survive because: Question 2 Understanding variation is important because variation: Question 3 Which of the following are principles of Statistical Thinking?       Question 4 The standard deviation is: Question 5 Process improvement activities typically include: Question 6 In Figure 2.11, Coach Hau presented data showing where goals were scored on crosses. This produced unexpected result, in terms of where the goals came from, and helped his team determine an effective strategy on free kicks. This is an example of what principle of statistical thinking? Question 7 Box, Hunter, and Hunter are quoted in this chapter as stating: “Data have no meaning in themselves; they are meaningful only in relation to a conceptual model of the phenomenon studied.” This...

MAT 510 Final Exam LATEST

·          Question 1 4 out of 4 points A SIPOC map is: ·          Question 2 4 out of 4 points The fact that processes tend to be dynamic, rather than static, is a key principle of statistical thinking. Which of the following is a natural consequence of this fact? ·          Question 3 4 out of 4 points Process complexity is important because complex processes: ·          Question 4 4 out of 4 points Process measurements are: ·          Question 5 ·          4 out of 4 points Suppose the Process Improvement Framework were used to attack a problem where the process in question was inherently unstable. Which of the following would be a likely result of this effort? ·          Question 6 4 ou...

STRAYER MAT 510-CASE STUDY 2

STRAYER MAT 510-CASE STUDY 2 DUE WEEK 8 Buy now

STRAYER MAT510 Homework Assignment 9

Homework Assignment 9  Due in week 10 and worth 30 points Suppose that there are two (2) candidates (i.e., Jones and Johns) in the upcoming presidential election.  Sara notes that she has discussed the presidential election candidates with 15 friends, and 10 said that they are voting for candidate Jones. Sara is therefore convinced that candidate Jones will win the election because Jones gets more than 50% of votes.  Answer the following questions in the space provided below: 1. Based on what you now know about statistical inference, is Sara’s conclusion a logical conclusion? Why or why not?  2. How many friend samples Sara should have in order to draw the conclusion with 95% confidence interval? Why? 3. How would you explain your conclusion to Sara without using any statistical jargon? Why? Buy now

STRAYER MAT510 Homework Assignment 8

Homework Assignment 8  Due in Week 9 and worth 30 points Suppose the number of equipment sales and service contracts that a store sold during the last six (6) months for treadmills and exercise bikes was as follows:                   Treadmill      Exercise Bike Total sold              185                       123  Service contracts  67                        55 The store can only sell a service contract on a new piece of equipment. Of the 185 treadmills sold, 67 included a service contract and 118 did not.  Complete the following questions in the space provided below: 1. Construct a 95 percent confidence interval for the difference between the proportions of service contracts sold on treadmills versus exercise bikes.  2. Is there a major di...

STRAYER MAT510 Homework Assignment 7

Homework Assignment 7  Due in Week 8 and worth 30 points The experiment data in below table was to evaluate the effects of three variables on invoice errors for a company. Invoice errors had been a major contributor to lengthening the time that customers took to pay their invoices and increasing the accounts receivables for a major chemical company. It was conjectured that the errors might be due to the size of the customer (larger customers have more complex orders), the customer location (foreign orders are more complicated), and the type of product. A subset of the data is summarized in the following Table.  Table: Invoice Experiment Error Customer Size Customer Location Product Type Number of Errors - - - 15 + - - 18 - + - 6 + + - 2 - - = 19 + - = 23 - + = 16 + + = 21 Customer Size: Small (-), Large (+) Customer Location: Foreign (-), Domestic (+) Product Type: Commodity (-), Specialty (=) Reference: Moen, Nolan, and Provost (R. D. Moen, T. W. No...

STRAYER MAT510 Homework Assignment 6

Homework Assignment 6 Due in Week 7 and worth 30 points The data in the table below is from a study conducted by an insurance company to determine the effect of changing the process by which insurance claims are approved. The goal was to improve policyholder satisfaction by speeding up the process and eliminating some non-value-added approval steps in the process. The response measured was the average time required to approve and mail all claims initiated in a week. The new procedure was tested for 12 weeks, and the results were compared to the process performance for the 12 weeks prior to instituting the change. Table: Insurance Claim Approval Times (days)     Old Process  New Process Week Elapsed Time Week Elapsed Time 1 31.7 13 24 2 27 14 25.8 3 33.8 15 31 4 30 16 23.5 5 32.5 17 28.5 6 33.5 18 25.6 7 38.2 19 28.7 8 37.5 20 27.4 9 29 21 28.5 10 31.3 22 25.2 11 38.6 23 24.5 12 39.3 24 23.5 Use the date in table ab...

STRAYER MAT510 Homework Assignment 5

Homework Assignment 5 Due in Week 6 and worth 30 points The data in below table lists country code and the order to remittance (OTR) time for hardware / software installations for the last 76 installations (from first to last). OTR is the time it takes from an order being placed until the system is installed and we receive payment (remittance). Because this company does business internationally, it also notes the country of installation using a country code. This code is listed in the first column. Table: Country Code and OTR Cycle Time for Software Systems Installation Country Code Cycle Time Country Code Cycle Time 1 20 5 29 1 24 6 40 1 46 7 157 1 26 8 19 14 38 5 24 1 15 1 81 1 15 7 53 17 23 7 26 1 31 1 28 1 31 1 34 6 64 1 34 5 29 7 50 5 44 1 52 1 32 1 19 1 15 1 44 7 11 14 150 7 14 7 29 1 89 17 23 17 41 6 79 7 41 17 13 1 36 6 32 8 43 7 61 17 21 8 42 8 28 8 46 7 18 7 88 8 47 14 24 6 26 7 7 6 47 1 33...