Quality Control Engineers Fire Tiles Made with This New Material

question 2

Multiple Choice

Quality control engineers fire tiles made with this new material at three different temperature settings (1500ºF, 1800ºF and 2200ºF) and for four different times (2 hours, 6 hours, 10 hours and 12 hours) to determine the optimal parameter settings for firing that will result in tiles with high flexural strength.The response variable in this experiment is ________________________ .

• A)flexural strength
• B)firing time
• C)firing temperature
• D)the new material
• E)tiles

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Definitions:

Hedge Ratio

The proportion of a position or investment that is hedged, aiming to reduce risk exposure.

Hedge Ratio

The ratio that compares the value of the position protected via a hedge to the size of the entire position itself.

Dollar Change

The difference in an asset's price when compared to a previous price, often used to quantify gains or losses in securities.

Hedge Ratio

The ratio of the size of a position in a hedging instrument to the size of the position being hedged, used to minimize risk.