Free ICBB Exam Braindumps

The distance between the Mean of a data set and the Point of Inflection on a Normal curve is called the ______.

1. A. Curve Spread
2. B. Standard Deviation
3. C. Numerical Average
4. D. Data Breadth

Correct Answer: B

Measurement ______ is defined as the difference between the observed and the expected values for a given set of data.

1. A. Breadth
2. B. Linearity
3. C. Range
4. D. Bias

Correct Answer: D

SPC Charts are used extensively in different business and decision-making environments. In this example a vendor is being selected based on speed of delivery. Which of the conclusions would help you pick a vendor for your needs regarding lead-time of delivery from your vendors?(Note:There are 4 correct answers).

1. A. Vendor A with a much shorter lead time in delivery
2. B. Vendor B as it has a better consistency (lower variance) on lead time
3. C. Vendor B as Vendor A shows a situation out of control as shown in red
4. D. Vendor B as the Control Limits are much narrower than Vendor A
5. E. Vendor B with higher lead time, but a process with much narrower Control Limits

Correct Answer: BCDE

The ______is the most frequently occurring value in a distribution of data.

1. A. Median
2. B. Mean
3. C. Center Point
4. D. Mode

Correct Answer: D

An ANOVA used across many dependent variables could increase the Beta risk.

1. A. True
2. B. False

Correct Answer: B