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Previously management calculated the number of kanban cards allowed by using a value of 1.3 for X.Assuming nothing else (e.g., usage rates, container capacities, etc.) which of the following values for X would indicate management's believing that the system has become more efficient?
Level of Significance
The probability of rejecting the null hypothesis in a statistical test when it is true, often denoted by alpha.
One-tailed
Describes tests or confidence intervals that focus on one direction of effect or relationship, either greater than or less than a certain value.
Null Hypothesis
A statement in hypothesis testing that assumes no significant difference or effect exists between certain populations or variables.
Level of Significance
In hypothesis testing, the threshold below which the null hypothesis is rejected, often denoted by alpha.
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