Determine If the Outcome Is Unusual $\mu - 2 \sigma$ Or Greater Than

question 139

Multiple Choice

Determine if the outcome is unusual. Consider as unusual any result that differs from the mean by more than 2 standard
deviations. That is, unusual values are either less than $\mu - 2 \sigma$ or greater than $\mu + 2 \sigma$
-A survey for brand recognition is done and it is determined that 68% of consumers have heard of Dull Computer Company. A survey of 800 randomly selected consumers is to be conducted. For such groups of 800,
Would it be unusual to get 634 consumers who recognize the Dull Computer Company name?

• A) Yes
• B) No

Acknowledge that operational cash flow (OCF) and various break-even points affect overall project evaluation.

Understand the conceptual basis and implications of learning curves in production.

Analyze the factors that lead to different learning rates among organizations.

Identify limitations and applicability of learning curves in both manufacturing and service industries.