Which of the Following Is True Regarding Work Sampling

question 31

Multiple Choice

Which of the following is true regarding work sampling?

• A) The technique was developed in the 1890s.
• B) It can be used to estimate the percentage of time workers spend in unavoidable delays.
• C) The method was developed by Frank Gilbreth.
• D) The method makes extensive use of rest allowances.
• E) The technique was introduced by Henry Ford.

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Definitions:

Geometric Returns

The average rate of return per period on an investment, calculated by compounding the returns over time.

Excess Returns

The return on an investment minus the return on a benchmark, indicating the performance of the investment relative to the market.

Historical Standard Deviation

A statistical measure that quantifies the variability or dispersion of a set of past data points.

Small Stocks

Shares of relatively small companies, which may offer higher growth potential but also come with higher risk.