The Advantages of Automation Include: (I) Reduced Output Variability

question 149

Multiple Choice

The advantages of automation include: (I) Reduced output variability.
(II) Reduced variable costs.
(III) Machines don't strike or file grievances.
(IV) Machines are always less expensive than human labor.

• A)I and IV
• B)II and III
• C)I, II, and III
• D)I and III
• E)II and IV

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Definitions:

Chi-Squared Test Statistic

A value used in chi-squared tests to evaluate how likely observed frequencies of events are to occur under a specific hypothetical distribution.

Expected Value

In probability theory, the sum of all possible outcomes of a particular situation, each multiplied by its likelihood of happening.

Sample Size

Sample size refers to the number of observations or data points collected in a sample from a population for the purpose of statistical analysis.

Degrees of Freedom

Degrees of freedom refer to the number of independent values or quantities that can be assigned to a statistical distribution or to a system, minus the number of linearly independent constraints.