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A SIPOC diagram helps you manage quality in which of the following ways? a It helps you understand how process elements fit together. b It ensures you focus on the internal work you and your team do. c It ensures that "what gets measured gets done." d It emphasizes how stakeholders perceive quality. a It helps you understand how process elements fit together. A SIPOC diagram ensures that you take a broad view of work instead of focusing only on internal work. It also considers the qu...

The relationship between several independent variables and one dependent variable is shown using __________. a logistic regression b simple linear regression c multiple linear regression d nonlinear regression c multiple linear regression Company A sells its 12,000th unit of the year. With that sale, the company's revenue and cost curves meet. What is this point called? a revenue point b crossover point c cost point d breakeven point d breakeven point Cluster analysis

Which of the following is NOT an application of statistics in business? a Determine the internet advertiser that will reach the most people from extensive page view data. b Determine a target market based on information on household incomes throughout the country. c Predict trends in certain investments of big companies from previous results of Fortune 100 companies. d Forecast likelihood of board of director decisions from previous voting habits. d Forecast likelihood of board of directo...

Quantitative analysis is another name for what? statistics If a dataset is presented on a scale of hours per week, which measurement scale is used? ratio The use of data, statistical and quantitative analysis, explanatory and predictive models, and fact-based management to drive decisions and add value is called ________. Analytics Analytics makes use of all these things to drive decision-making and add value. First, second, third, fourth... What kind of data does this represent? Ordinal...

A city government is trying to determine the national origins of its recent immigrant population. If a survey of the immigrant population is conducted in English what type of error might be present in the data? Omission Error An Educator develops a new standardized test to measure math skills of ninth graders. She has students in her home state of Ohio take the test. If the test is to be used on a national level, what type of error might be found in her data? Measurement Bias Process of turn...

Blind Study A study performed where the participants are not told if they are in the treatment group or control group Interval Data Data that is ordered within a range and with each data point being an equal interval apart Reliable Data Data that is consistent and repeatable Systematic Errors Errors in measurement that are constant within a data set, sometimes caused by faulty equipment or bias Triple Blind Study A study performed where neither the treatment allocator nor the participan...

Data-Driven Decision Making Exam Define analytics Turning information into knowledge and developing fact based strategies to gain a competitive edge. Descriptive/Diagnostic analytics Encompasses the set of techniques that describes what has happened in the past. Predictive analytics Consists of techniques that use models constructed from past data to predict the future or ascertain the impact of one variable on another. Prescriptive analytics Decision models that indicate the best cours...

Activities (RBM stage) second step involves the process that converts inputs to outputs (actions necessary to produces results - training, evaluating, developing) Alternative hypothesis The argument that either a sample is not equal to, greater than, or less than the hypothesized null sample Analysis of Variance (ANOVA) a technique used to determine if there is a sufficient evidence from sample data of three or more populations to conclude that the means of the population are not all equal ...

A nurse is reviewing a client's medication administration record and finds that the client has not received a prescribed dose of warfarin for 2 days. which of the following actions should the nurse take first? Check the client's INR. A nurse manager is presenting an in-service about preventing readmission of clients dues to complications following joint arthroplasty. Which of the following leadership tasks is the nurse performing? Advocay a nurse is teaching an AP about caring for a client...

A nurse tells the unit manager, "I am tired of all the changes on the unit. If things don't get better, I'm going to quit." Which of the following responses by the unit manager is appropriate? "So you are upset about all the changes on the unit?" A charge nurse notices that two staff nurses are not taking meal breaks during their shifts. Which of the following actions should the nurse take first? Determine the reasons the nurses are not taking scheduled breaks. A client has a new perma...