GE Company Executives Estimate That, Due to the Application of the Six

question 65

True/False

GE company executives estimate that, due to the application of the Six Sigma quality program, the company has saved billions in costs since 1995.

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Definitions:

Normally Distributed

A statistical term describing data that follows a bell-shaped curve, where most observations cluster around a central peak.

Standard Deviation

A tool used to assess the range or variability of data values.

6-Sided Dice

A cube-shaped object with each of its six faces bearing a number from one to six, used in various games to generate random numbers.

Histogram

A graphical representation of data distribution, showing frequencies or occurrences of data within consecutive intervals.