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Strayer University - MAT 510 Midterm Exam. Questions With Answers. 100% Correct. Latest Update $15.49   Add to cart

Exam (elaborations)

Strayer University - MAT 510 Midterm Exam. Questions With Answers. 100% Correct. Latest Update

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Strayer University - MAT 510 Midterm Exam. Questions With Answers. 100% Correct. Latest Update. Question 1 4 out of 4 points Improvement is needed for an organization to survive because: Selected Answer: All of the above Correct Answer: All of the above  Question 2 4 out of 4 points Why is it...

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  • February 22, 2022
  • 13
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers
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MAT510 MIDTERM
First Attempt

 Question 1
4 out of 4 points
Improvement is needed for an organization to survive because:
Selected
Answer:
All of the
above
Correct
Answer: All of the
above
 Question 2
4 out of 4 points
Why is it so difficult for a person or an organization to improve?
Selected
Answer: All of the
above
Correct
Answer:
All of the
above
 Question 3
4 out of 4 points
A SIPOC map is:
Selected
Answer:
A comprehensive view of a process including customers
and suppliers
Correct
Answer: A comprehensive view of a process including customers
and suppliers
 Question 4
4 out of 4 points
Lean manufacturing, Six Sigma, Total Quality Management are some of the
new systems for managing and improving an organization. What is a
common theme running through these approaches?
Selected
Answer: Improvement is accomplished by improving the processes we
use to do out work
Correct
Answer:
Improvement is accomplished by improving the processes we
use to do out work

,  Question 5
4 out of 4 points
Problem solving activities typically include:
Selected
Answer:
None of the
above
Correct
Answer: None of the
above
 Question 6
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?
Selected
Answer: Summary statistics, such as averages, are
often misleading
Correct
Answer:
Summary statistics, such as averages, are
often misleading
 Question 7
4 out of 4 points
The Statistical Thinking Strategy has significant commonality with the
scientific method. Which of the following statistical thinking principles is
NOT generally associated with the scientific method?
Selected
Answer:
None of the
above
Correct
Answer: None of the
above
 Question 8
4 out of 4 points
Figure 2.16 shows a chart of the Dow Jones Industrial Average from 1990
through 2011. This plot reveals some obvious change points, such as the
2008 financial collapse, and some unexplainable short-term variation.
Assuming that these are the only sources of variation in this plot, what
source of variation is NOT visible in the plot?
Selected
Answer: Structural
variation

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