Variances Should Be Investigated ________

question 101

Multiple Choice

Variances should be investigated ________.

• A) when they are kept below a certain amount
• B) when there is a small variance for critical items such as product defects
• C) even though the cost of investigation exceeds the benefit
• D) when there is an in-control occurrence

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Definitions:

Increases

A rise in magnitude, quantity, or value of something.

Negative Correlation

A bond between two variables in which the elevation of one corresponds with the reduction of the other.

Increases

A term indicating a rise or growth in quantity, size, number, or extent.

Negative Correlation

A dynamic between two variables where an increase in one leads to a decrease in the other.