What Statistical Technique Is Often Used to Calculate an Estimate

question 30

Multiple Choice

What statistical technique is often used to calculate an estimate of reliability? ​

• A)Regression
• B)Analysis of variance ​
• C)Factor analysis
• D)Correlation

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Definitions:

Productivity Increase

A rise in the output of goods or services relative to the input of resources such as time or labor.

Performance Excellence

The achievement of outstanding performance in operations, customer satisfaction, and financial outcomes.

Peters and Waterman

Authors of "In Search of Excellence," a book that presents eight attributes that excellent companies have in common.

Value Chain

This concept describes the full range of activities that businesses go through to bring a product or service from conception to delivery to the final consumer.