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Process Quality Can Be Measured in Two Dimensions: Process Effectiveness

question 72

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Process quality can be measured in two dimensions: process effectiveness and process efficiency.


Definitions:

Sample Space

The set of all possible outcomes or results that can occur from a specific action or a random experiment.

Sample Space

The set of all possible outcomes of a probabilistic experiment.

Probabilities

Measures of the likelihood that an event will occur, expressed as numbers between 0 and 1, where 1 denotes certainty.

Outcome

A possible result or effect of an action, situation, or experiment, which can be measured, observed, or evaluated.

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