Specifying the Component Products and Services in the Package Is

question 23

Multiple Choice

Specifying the component products and services in the package is normally part of:

• A) Screening
• B) Concept generation
• C) Evaluation and improvement
• D) Preliminary design
• E) Prototyping and final design

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Definitions:

Standard Deviation

A measure of the amount of variation or dispersion of a set of values; a high standard deviation indicates that the values are spread out over a wider range.

Coefficient Of Variation

The coefficient of variation is a standardized measure of dispersion of a probability distribution or frequency distribution, expressed as a percentage of the mean.

Empirical Rule

A statistical principle that indicates almost all values in a normal distribution lie within three standard deviations from the average.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values.