A Three Sigma Program Has How Many Defects Per Million

question 48

Multiple Choice

A Three Sigma program has how many defects per million?

• A)34
• B)3
• C)3 times the standard deviation
• D)2700
• E)1500

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Definitions:

Laspeyres Price Index

An index that measures the relative change in the price level of a fixed basket of goods and services over time, using the quantities purchased in the base period.

Paasche Price Index

An economic measure that calculates the change in the cost of acquiring a given basket of goods and services in the current year compared to a base year, using the current year's prices.

Laspeyres Index

A price index used to measure the relative change in the price of a fixed basket of goods and services over time, using the quantities of a base period.

Prices

The monetary value assigned to a product or service, determining how much it costs to buy.