CPHQ Exam Study Guide Questions with Revised Answers
9 views 0 purchase
Course
CPHQ
Institution
CPHQ
CPHQ Exam Study Guide Questions with Revised Answers
What are the two types of data? - Answer-Categorical and Continuous Data
Which type of data has more statistical power? - Answer-Continuous data has more statistical power and needs fewer data points.
What is benchmarking? - Answer-Looki...
CPHQ Exam Study Guide
Questions with Revised
Answers
What are the two types of data? - Answer-Categorical and Continuous Data
Which type of data has more statistical power? - Answer-Continuous data has more
statistical power and needs fewer data points.
What is benchmarking? - Answer-Looking at data from different sources and making
comparisons.
What is the difference between benchmarking and comparison data sources? - Answer-
Benchmarking is typically external while comparison is usually internal but can be
external.
Why is benchmarking important? - Answer-It enables organizations to set targets or
goals for process improvement activities.
What are the 7 steps to interpreting and using information? - Answer-1. Plan and
organize
2. Verify and correct
3. Identify and present findings
4. Study and develop recommendations
5. Take action
6. Monitor performance
7. Communicate results
What are the two types of sampling? - Answer-Probability and Nonproability sampling
What are the 4 types of probability sampling? - Answer-1. Simple random sampling
2. Systematic sampling
3. Stratified random sampling
4. Convenience sampling
What are the 4 types of nonprobability sampling? - Answer-1. Snowball sampling
2. Expert sampling
3. Purposive or judgement sampling
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 Scholarsstudyguide. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.39. You're not tied to anything after your purchase.