The Purpose of the Baldrige National Quality Award Is to Recognize

question 114

True/False

The purpose of the Baldrige National Quality Award is to recognize U.S. companies for their achievements in quality and business performance and to raise awareness about the importance of quality and performance excellence as a competitive edge.

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Definitions:

Negative Value

A number that is less than zero.

Standard Normal Distribution

A probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean, typically represented with a mean of 0 and a standard deviation of 1.

Probability Density Function

A mathematical expression that represents how likely it is for a random variable to assume a specific value.

Continuous Random Variable

A random variable that can take any value within a given range, including fractions and decimals.