WEdwards Deming Argued That Managers Must Understand Cause and Effect

question 36

True/False

W.Edwards Deming argued that managers must understand cause and effect relationships to predict future behavior.

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Definitions:

Acetic Anhydride

A chemical compound with the formula (CH3CO)2O, used as a reagent in organic synthesis for the acetylation of alcohols or amines.

Time-series Data

Data points collected or recorded at successive times, often with equal intervals between them.

Cross-sectional Data

A type of data collected by observing many subjects at the same point of time or without regard to differences in time.

Synchronous Data

Data that is collected or updated at the same time across the system or in a coordinated manner.