All of the Following Would Be an Operations Information Need

question 34

Multiple Choice

All of the following would be an operations information need except: 

• A) raw materials.
• B) break even numbers.
• C) equipment.
• D) labor skills.

---

Definitions:

Probability

The quantification of the probability of an event happening, represented by a numerical value ranging from 0 to 1.

Central Limit Theorem

A statistical theory stating that the distribution of sample means approximates a normal distribution as the sample size becomes sufficiently large.

Sample Mean

The average of a sample set of numbers, calculated by adding up all the numbers and dividing by the count of numbers in the set.

Sample Mean

The average value of a sample set of numbers.