Statistics and Probability

Prior probability is a marginal probability while posterior probability is a conditional ...

Prior probability is a marginal probability while posterior probability is a conditional ...

Prior probability is a marginal probability while posterior probability is a conditional probability.
  Indicate whether the statement is true or false

zns889   92   2 Replies

zns889

If a set of events includes all the possible outcomes of an experiment, these events are considered ...

If a set of events includes all the possible outcomes of an experiment, these events are considered ...

If a set of events includes all the possible outcomes of an experiment, these events are considered to be:
 a. mutually exclusive.
  b. exhaustive.
  c. intersecting.
  d. inclusive.
  e. None of the above.

kate lynn   37   2 Replies

kate lynn

Which of the following statements is not correct?

Which of the following statements is not correct?

Which of the following statements is not correct?
 a. Two events A and B are mutually exclusive if event A occurs and event B cannot occur.
  b. If events A and B occur at the same time, then A and B intersect.
  c. If event A does no

rgasio   43   2 Replies

rgasio

If P(A) = 0.25 and P(B) = 0.60, then P(A and B) is:

If P(A) = 0.25 and P(B) = 0.60, then P(A and B) is:

If P(A) = 0.25 and P(B) = 0.60, then P(A and B) is:
 a. 0.15.
  b. 0.35.
  c. 0.85.
  d. Cannot be determined from the information given.

jprust87   8   2 Replies

jprust87

A firm produces three qualities of bed linens -- good, better, best. Production is scheduled to ...

A firm produces three qualities of bed linens -- good, better, best. Production is scheduled to ...

A firm produces three qualities of bed linens -- good, better, best. Production is scheduled to result in 50 good, 35 better, and 15 best. A quality control person checks the finished product and classified them as acceptable or imperfect. The percen

rgasio   29   2 Replies

rgasio

Select the activities not commonly associated with a manufacturing planning and control system ...

Select the activities not commonly associated with a manufacturing planning and control system ...

Select the activities not commonly associated with a manufacturing planning and control system (MP&CS). (1). Establishing the annual sales goals (2). Establishing capacity (3). Developing detailed material flows (4). Determining product demand

KAtlold   25   2 Replies

KAtlold

For a selected month, the average kilowatt hours used for 49 residential customers showed that is ...

For a selected month, the average kilowatt hours used for 49 residential customers showed that is ...

For a selected month, the average kilowatt hours used for 49 residential customers showed that is 1160 and s is 1085 . Compute a 98 confidence interval estimate for the true mean. ____________________ to ____________________
 Fill in the blank(

aggotfay   8   2 Replies

aggotfay

Which of the following choice are not included as one of the 5 elements of Lean? (1). Efficient ...

Which of the following choice are not included as one of the 5 elements of Lean? (1). Efficient ...

Which of the following choice are not included as one of the 5 elements of Lean? (1). Efficient flows (2). Specify value (3). Push philosophy (4). Quality perfection
 a. (1) and (3) c. (1), (2) and (4)
  b. (3) d. All of the above

Haydena   42   2 Replies

joymodh

Which of the following is not a term used to indicate one of the typical manufacturing environments? ...

Which of the following is not a term used to indicate one of the typical manufacturing environments? ...

Which of the following is not a term used to indicate one of the typical manufacturing environments?
 a. Engineering to order (ETO) c. Assemble to order (ATO)
  b. Make to ship (MTS) d. Make to stock (MTS)

nameless23   46   2 Replies

nameless23

The Make to order (MTO) environment is characterized by __________ and ______________.

The Make to order (MTO) environment is characterized by __________ and ______________.

The Make to order (MTO) environment is characterized by __________ and ______________.
 a. High customization/inaccurate forecasts
  b. Standard products/Stable forecasts
  c. An engineering/Unique products
  d. Customization/ Mo

beaches411   80   2 Replies

Dipan Mistry

A manufacturer of salad dressings uses machines to dispense liquid ingredients into bottles that ...

A manufacturer of salad dressings uses machines to dispense liquid ingredients into bottles that ...

A manufacturer of salad dressings uses machines to dispense liquid ingredients into bottles that move along a filling line. The machine that dispenses dressings is working properly when 8 ounces are dispensed. The standard deviation of the process is

zns889   61   2 Replies

zns889

A city-paid consumer advocate wants to secure information about the mean length, , of coin-separated ...

A city-paid consumer advocate wants to secure information about the mean length, , of coin-separated ...

A city-paid consumer advocate wants to secure information about the mean length, , of coin-separated car wash cycles. A previous study reported the standard deviation of the length of car wash cycles to be 6 minutes. The advocate timed the wash cycle

Mserna19   23   2 Replies

Mserna19

Explain the relationship between a relative-frequency distribution and a probability distribution ...

Explain the relationship between a relative-frequency distribution and a probability distribution ...

Explain the relationship between a relative-frequency distribution and a probability distribution for any numerical population.

Haydena   43   2 Replies

Haydena

Describe the Conceptual Forecasting Framework in your own words.

Describe the Conceptual Forecasting Framework in your own words.

Describe the Conceptual Forecasting Framework in your own words.

beaches411   322   2 Replies

Anonymous

One characteristic of a discrete probability distribution is that the sum of the probabilities for ...

One characteristic of a discrete probability distribution is that the sum of the probabilities for ...

One characteristic of a discrete probability distribution is that the sum of the probabilities for all the possible values for x must be between 0 and 1.
  Indicate whether the statement is true or false

LRotundo   30   2 Replies

LRotundo

Select the choices that are not typical benefits gained from using the SCOR model? (1). Less ...

Select the choices that are not typical benefits gained from using the SCOR model? (1). Less ...

Select the choices that are not typical benefits gained from using the SCOR model? (1). Less inventory (2). Faster access to important customer information (3). Slower cycle times (4). Improved visibility of the supply chain
 a. (1) and (4) c.

Storm   41   2 Replies

Storm

A Company manufactures women's hosiery. The company sells slightly irregular panty hose through a ...

A Company manufactures women's hosiery. The company sells slightly irregular panty hose through a ...

A Company manufactures women's hosiery. The company sells slightly irregular panty hose through a mail-order catalog service. If the company produces 300,000 pairs of hose per day and the probability of a pair not being irregular is 0.92, the average

KAtlold   290   2 Replies

dinski

In a one-tail test, the p-value is found to be equal to .068 . If the test had been two-tail, the ...

In a one-tail test, the p-value is found to be equal to .068 . If the test had been two-tail, the ...

In a one-tail test, the p-value is found to be equal to .068 . If the test had been two-tail, the p-value would have been:
 a. 0.932.
  b. 0.466.
  c. 0.034.
  d. 0.136.

NERD   27   2 Replies

NERD

What is a two-tail test?

What is a two-tail test?

What is a two-tail test?

infantryman1986   13   2 Replies

infantryman1986

A high school play has five roles to fill with students. Seven girls and nine boys have expressed an ...

A high school play has five roles to fill with students. Seven girls and nine boys have expressed an ...

A high school play has five roles to fill with students. Seven girls and nine boys have expressed an interest in the play. What is the probability that exactly 3 girls will be selected?

palacir999   124   2 Replies

palacir999

Describe what maintaining the integrity of the MPS is in your own words

Describe what maintaining the integrity of the MPS is in your own words

Describe what maintaining the integrity of the MPS is in your own words

zns889   89   2 Replies

zns889

A fast food hamburger restaurant manager is interviewing high school persons age sixteen for ...

A fast food hamburger restaurant manager is interviewing high school persons age sixteen for ...

A fast food hamburger restaurant manager is interviewing high school persons age sixteen for possible employment. Persons age sixteen who apply for jobs in the area have no prior work-for-pay experience ninety percent of the time. Let x be the number

Skoochy   296   2 Replies

Skoochy

One type of inventory control system periodically evaluates inventory levels and places an order of ...

One type of inventory control system periodically evaluates inventory levels and places an order of ...

One type of inventory control system periodically evaluates inventory levels and places an order of to bring back the level to a predetermined level. Choose the systems that can be associated with this type of system. (1). P-System (2). Q-system (3).

browniels   57   2 Replies

dpatel

Which of the following products is suited to a P-System? (1). Vending machine soda cans (2). ...

Which of the following products is suited to a P-System? (1). Vending machine soda cans (2). ...

Which of the following products is suited to a P-System? (1). Vending machine soda cans (2). Supplies for Local mom and pop grocery (3). Jewelry
 a. (1) c. (2) and (3)
  b. (1) and (2) d. None of the above

Brutusandmoose   140   2 Replies

Brutusandmoose

The company is currently conducting an inventory review. Calculate the target inventory value (T) ...

The company is currently conducting an inventory review. Calculate the target inventory value (T) ...

The company is currently conducting an inventory review. Calculate the target inventory value (T) and the current order size for a P-system. (T/size) The expected weekly demand is 1250 units. The standard deviation for a week is 250 units. The TBR 4

zns889   28   2 Replies

zns889

When the necessary conditions are met, a two-tail test is being conducted to test the difference ...

When the necessary conditions are met, a two-tail test is being conducted to test the difference ...

When the necessary conditions are met, a two-tail test is being conducted to test the difference between two population means, but your statistical software provides only a one-tail area of 0.036 as part of its output. The p-value for this two-tail t

beaches411   22   2 Replies

beaches411

What is the probability that two of the five canoes will capsize?

What is the probability that two of the five canoes will capsize?

What is the probability that two of the five canoes will capsize?

strobro   28   2 Replies

strobro

Explain what differentiates MRP from a reorder point system.

Explain what differentiates MRP from a reorder point system.

Explain what differentiates MRP from a reorder point system.

stroman54   31   2 Replies

stroman54

There are three different methods for comparing the means of two independent samples. What are they?

There are three different methods for comparing the means of two independent samples. What are they?

There are three different methods for comparing the means of two independent samples. What are they?

ANP2202   57   2 Replies

ANP2202

Evidence has shown that the implementation of Just in time (JIT) philosophy is most successful in a ...

Evidence has shown that the implementation of Just in time (JIT) philosophy is most successful in a ...

Evidence has shown that the implementation of Just in time (JIT) philosophy is most successful in a ________________ environment. Fill in the blanks with the correct answers.
 a. Repetitive manufacturing c. Custom product
  b. Project d. S

rgasio   53   2 Replies

joymodh

Three racquetball players, a beginner, an experienced, a professional, have been randomly selected ...

Three racquetball players, a beginner, an experienced, a professional, have been randomly selected ...

Three racquetball players, a beginner, an experienced, a professional, have been randomly selected from the membership of a large city racquetball club. Using the same ball, each person hits three serves, one with each of five racquet models, with th

ANP2202   55   2 Replies

ANP2202

Basic to ANOVA is the comparison of variation between samples versus the amount of variation within ...

Basic to ANOVA is the comparison of variation between samples versus the amount of variation within ...

Basic to ANOVA is the comparison of variation between samples versus the amount of variation within the samples. The test statistic is an F-ratio in which the numerator reflects variation within the samples and the denominator reflects the variation

beaches411   78   2 Replies

beaches411

According to the conceptual framework of JIT, there are 8 practices considered essential for a ...

According to the conceptual framework of JIT, there are 8 practices considered essential for a ...

According to the conceptual framework of JIT, there are 8 practices considered essential for a comprehensive JIT implementation. At the same time, there are two additional practices which constitute the foundation of all 8 activities. List these two

fundai!   78   2 Replies

fundai!

What are the mean and standard deviation of the defective parts? Mean = ____________________ SD = ...

What are the mean and standard deviation of the defective parts? Mean = ____________________ SD = ...

What are the mean and standard deviation of the defective parts? Mean = ____________________ SD = ____________________
 Fill in the blank(s) with correct word

clcharleston   21   2 Replies

clcharleston

Among the following relative advantage claims for a pull manufacturing, which ones are likely to be ...

Among the following relative advantage claims for a pull manufacturing, which ones are likely to be ...

Among the following relative advantage claims for a pull manufacturing, which ones are likely to be true? (1). The system operates with almost no WIP inventory (2). Less maintenance is required (3). There is not much need to forecast demands (4). Onl

browniels   210   2 Replies

parthpatel888

Depending on who you ask, you will get different answers regarding how to distinguish a pull system ...

Depending on who you ask, you will get different answers regarding how to distinguish a pull system ...

Depending on who you ask, you will get different answers regarding how to distinguish a pull system from a push system depending. Choose the likely bases for distinguishing a pull system from a push system depending. (1). Information flow (2). Order

littlej_dvine   53   2 Replies

dpatel

Susan is tasked with purchasing some new containers to use in the company's Kanban system. While ...

Susan is tasked with purchasing some new containers to use in the company's Kanban system. While ...

Susan is tasked with purchasing some new containers to use in the company's Kanban system. While she has most of the Kanban system configuration information, she cannot find the container size information. Find the container size using the Kanban sys

escoba   136   2 Replies

dpatel

Choose the correct statement regarding a Kanban system.

Choose the correct statement regarding a Kanban system.

Choose the correct statement regarding a Kanban system.
 a. Kanban system increases the buffer inventory levels
  b. Maximizing the number of Kanbans available will reveal problems that need to be resolved
  c. The upper bound on the

Theleeman   88   2 Replies

Dipan Mistry

Which of the following is not a characteristic for a normal distribution?

Which of the following is not a characteristic for a normal distribution?

Which of the following is not a characteristic for a normal distribution?
 a. It is symmetrical distribution
  b. The mean is always zero
  c. The mean, median, and mode are all equal
  d. It is a bell-shaped distribution
 

kate lynn   23   2 Replies

kate lynn

Let z1 be a z score that is unknown but identifiable by position and area. If the area to the right ...

Let z1 be a z score that is unknown but identifiable by position and area. If the area to the right ...

Let z1 be a z score that is unknown but identifiable by position and area. If the area to the right of z1 is 0.8413, then the value of z1 must be:
 a. 1.00.
  b. -1.00.
  c. 0.00.
  d. 0.41.
  e. -0.41.

RENCEE72   179   2 Replies

Chilo Perri