Common Causes of Variation

question 42

Multiple Choice

Common causes of variation:

• A) occur when 2 of 3 consecutive points on a statistical process control chart are above or below the center line of the chart.
• B) occur when adjusting a process that is already in control.
• C) generally account for 80 to 95 percent of the observed variation in a process.
• D) can be prevented, explained, and easily understood.

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Definitions:

Anticompetitive Conduct

Practices that reduce or prevent competition in a market.

Unilateral Refusal

The act of one party decisively rejecting or declining an offer or agreement without mutual consent or negotiation.

Sherman Act

A foundational antitrust law in the United States that prohibits monopolistic practices and promotes fair competition.

Single Seller

A market condition where only one seller exists, often leading to monopoly.