Which of the Following Is NOT a Common Type of Driving

question 56

Multiple Choice

Which of the following is NOT a common type of driving force?

• A) reductions in uncertainty and business risk
• B) changing societal concerns, attitudes, and lifestyles
• C) diffusion of technical know-how across companies and countries
• D) increasing efforts to collaborate closely with suppliers
• E) advances in technology and manufacturing process innovation

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Definitions:

Unbiased Estimator

A statistical estimator whose expected value is equal to the true parameter of the population being studied.

Unbiased Estimator

A statistical estimator that, through repeated sampling, provides results equal to the true parameter of the population.

Variance

A measure of the dispersion or spread of a set of data points, indicating how far each data point lies from the mean.

Consistency

refers to the property of an estimator in which, as the sample size increases, it converges in probability to the parameter it estimates.