Free ICBB Exam Braindumps

From the variance F-test shown above, which of these conclusions is/are valid?

1. A. The variance between the class score distribution is not significantly different
2. B. This test applies only to Normal Distributed data at 99 % confidence
3. C. The variance between the class score distribution is significantly different
4. D. There are not enough data points to make any statistical conclusions

Correct Answer: C

Cost of Poor Quality (COPQ) can be classified as Visible Costs and Hidden Costs. All these items are Hidden Cost except ______.

1. A. Lost Customer Loyalty
2. B. Returns
3. C. Time Value of Money
4. D. Late Delivery

Correct Answer: B

A statistical test or Hypothesis Test is performed to reject or fail to reject a stated hypothesis and it converts the Practical Problem into a Statistical Problem.

1. A. True
2. B. False

Correct Answer: A

Accuracy can be assessed in several ways and a fairly accurate means of measurement is visual comparison.

1. A. True
2. B. False

Correct Answer: B

The relationship between a response variable and one or more independent variables is investigated and modeled by use of ______.

1. A. X-Y Matrix
2. B. Baldridge Assessment
3. C. Analysis of Variance (ANOVA)
4. D. Critical X's Definition

Correct Answer: C