Which of the Following Is Not a Data Analysis and Solution

question 6

Multiple Choice

Which of the following is not a data analysis and solution development tool from the operations consulting tool kit?

• A)Computer simulation
• B)Statistics
• C)Plant tours/audits
• D)Problem analysis (SPC tools)
• E)Bottleneck analysis

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Definitions:

Confidence Interval

A spectrum of figures, taken from sample observations, possibly enclosing the value of an undetermined population characteristic.

Margin Of Error

An expression of the amount of random sampling error in a survey's results, indicating the confidence in the reliability of the results.

Sample Standard Deviations

A measure that quantifies the amount of variation or dispersion of a set of data values from its sample mean.

Equal Sample Sizes

A condition in statistical analysis where the number of observations in each group being compared is the same.