To Determine Whether Two Variables Are Related to Each Other

question 6

Multiple Choice

To determine whether two variables are related to each other you would use:

• A)Scatter diagram
• B)Pareto analysis
• C)Moment of Truth analysis
• D)Histograms
• E)Capability analysis

Interpret data tables to calculate specific probabilities.

Evaluate the impact of external conditions (such as weather or defective components) on probability outcomes.

Understand how statistical evidence can indicate dependency between variables.

Assess the accuracy and implications of statistical tests and measurements.

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Definitions:

Equivalent Units

A concept in cost accounting used to apportion costs to partially completed goods, expressed in terms of fully completed units.

Direct Labor

The payment for labor of employees directly involved in the generation of goods or the provision of services.

Equivalent Units

A concept used in cost accounting to convert the amount of work done on partially complete goods into a number of fully complete units.

Direct Materials

The raw materials that are directly traceable to the production of goods or services.