The Number of Hours of Training Time Received by Employees

question 28

Multiple Choice

The number of hours of training time received by employees and the time it took (in minutes) for them to trouble shoot their last process problem was estimated using a
Regression equation. The 95% prediction interval for trouble shooting time with 8
Hours of training was determined to be 12.822 to 19.261. The correct interpretation is

• A) We can be 95% confident that the trouble shooting time by a particular line
• Worker who received 8 hours of training will be between 12.822 and 19.261
• Minutes.
• B) We can be 95% confident that the average trouble shooting time by line workers
• Receiving 8 hours of training is between 12.822 and 19.261 minutes.
• C) The troubleshooting time by a line worker who received 8 hours of training will
• Be between 12.822 and 19.261 minutes 95% of the time.
• D) 95% of the time the average troubleshooting time is between 12.822 and 19.261
• Minutes.
• E) We can be 95% confident that troubleshooting times will be between 12.822 and 19.261 minutes.

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Definitions:

Raw Materials

The basic materials and components used in the production process to create finished goods.

Journal Entries

Records of financial transactions in accounting, indicating debit and credit amounts for each transaction in the ledger.

Indirect Materials

Materials used in the production process that do not become an integral part of the final product and are not directly assigned to specific units produced.

Direct Materials

Raw materials that are directly traceable to the manufacturing of a product and constitute an integral part of the finished product.