Examlex
A production run of 500 items resulted in 29 defectives items.A defective item is coded as 1 and a good item as 0.The following is an output from Minitab.
Runs Test: Defects
Runs test for Defects
Runs above and below
The observed number of runs
The expected number of runs
29 observations above K, 471 below
value
Using =0.1, the conclusion is __________________.
Substantial Evidence
Evidence that is adequate to support a conclusion or justify a decision, often used in legal and regulatory contexts to indicate a reasonable level of proof.
Hindsight Bias
The tendency to believe, after an event has occurred, that one would have predicted or expected the outcome, often referred to as the "I-knew-it-all-along" phenomenon.
Self-fulfilling Prophesy
A prediction that directly or indirectly causes itself to become true, by the very terms of the prophecy itself, due to positive feedback between belief and behavior.
Rationalization
A defense mechanism where logical, acceptable explanations are given for behaviors that are actually driven by subconscious motives.
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