An X-Bar Control Chart Was Examined and No Data Points

question 48

Multiple Choice

An x-bar control chart was examined and no data points fell outside of the limits. Can this process be considered in control?

• A) No, there could be a pattern to the points.
• B) No, the R-chart must be checked.
• C) No, the number of samples must be known.
• D) Yes
• E) Both A and B

---

Definitions:

Expected Rate Of Return

The anticipated amount of profit or loss an investment will generate over a specific period, expressed as a percentage.

Interest Cost Component

Part of pension expense calculation that represents the increase in the pension obligation due to the passage of time.

Defined Benefit Pension Plan

A retirement plan where the employer guarantees a specified pension payment upon the employee's retirement, determined by a formula considering factors such as salary history and duration of employment.

Anticipated Life Span

The expected duration or period during which an asset, product, or individual is considered useful or viable.