The _____ Provides All Suppliers, Regardless of Their Performance History

question 87

Multiple Choice

The _____ provides all suppliers, regardless of their performance history, a chance to remain in the supply base.

• A)"improve or else" approach
• B)triage approach
• C)competency staircase approach
• D)twenty/eighty rule
• E)Six Sigma approach

---

Definitions:

P-value

The likelihood of seeing a test statistic that is as extreme or more so than what was observed, assuming the null hypothesis is correct.

Sample Standard Deviation

A measure of variation or dispersion within a sample set of values, similar to standard deviation but specifically applied to samples rather than whole populations.

Null Hypothesis

A statement used in hypothesis testing that assumes no effect or no difference in the performance or characteristics being tested.

Alternative Hypothesis

A statement in hypothesis testing that proposes a significant difference, effect, or relationship exists in the population, opposing the null hypothesis.