Which Statement(s) Are Correct About the Pareto Chart Shown Here

question 152

Multiple Choice

Which statement(s) are correct about the Pareto Chart shown here for the DOE analysis? (Note: There are 2 correct answers) .

• A) It is unknown from this graph how many factors were in the Experimental Design
• B) The factors to keep in the mathematical model are E, D, DE, BD and B with an alpha risk equal to 2.06
• C) The effects to keep in the mathematical model are E, D, DE, BD and B with an alpha risk equal to 0.05
• D) The factors to keep in the mathematical model with a 5% alpha risk are BE, AB, A and AD

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Definitions:

Modern Environment

The contemporary physical, social, economic, and political surroundings in which individuals or societies exist.

Laws Of Probability

The mathematical rules that describe the likelihood of certain events occurring, which govern random events and can predict the outcomes of complex systems.

Gambler's Fallacy

The false notion that if an event takes place more often than usual over a certain span, its occurrence will diminish in the future, or the contrary.

Availability Heuristic

A quick judgment method drawn from examples that surface quickly in one's thoughts when deliberating over a specific area, theory, approach, or verdict.