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To Reduce the Organization's Cycle Time Is to Reduce the Number

question 131

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To reduce the organization's cycle time is to reduce the number of


Definitions:

Null Hypothesis

A default hypothesis that there is no significant difference or relationship between specified populations, any observed effect is due to sampling or experimental error.

Type I Error

The statistical error that occurs when a true null hypothesis is incorrectly rejected.

Correct Decision

A conclusion or judgement that is accurate, based on the evaluation of evidence or data.

Type II Error

Occurs in hypothesis testing when a false null hypothesis is not rejected, leading to the false conclusion that a difference or effect does not exist when it actually does.

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