100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
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

 3 views  0 purchase
  • Course
  • Institution

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...

[Show more]

Preview 2 out of 13  pages

  • February 22, 2022
  • 13
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers
avatar-seller
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

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller StudyConnect. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $15.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75323 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling

Recently viewed by you


$15.49
  • (0)
  Add to cart