Which Is Not a Component of Process Value Analysis

question 1

Multiple Choice

Which is not a component of process value analysis?

• A) driver analysis
• B) velocity
• C) activity analysis
• D) performance measurement
• E) None of these.

---

Definitions:

Linear Regression

A calculation of the value of one variable given the value of another. Linear regression assumes that the relationship between variables is linear. See also regression.

Inferential Statistics

The branch of statistics that allows one to make predictions or inferences about a population based on a sample of data.

Type II Error

Deciding wrongly that there was no significant result when in fact there was.

Interval and Ratio

Levels of measurement in statistics where interval data has no true zero point and ratio data has a meaningful zero, allowing for comparison of ratios.