Consider the Following to Answer the Question(s) Below

question 20

Multiple Choice

Consider the following to answer the question(s) below:
An operations manager was interested in determining if there is a relationship between the amount of training received by production line workers and the time it takes for them to troubleshoot a process problem. A sample of recently trained line workers was selected. The number of hours of training time received and the time it took (in minutes) for them to troubleshoot their last process problem were captured. The data, scatterplot and regression results are shown below.

-From the residual plot below we can say

• A) that the Nearly Normal condition is not satisfied.
• B) that the Normal Population assumption is not satisfied.
• C) that the Equal Variance assumption is satisfied.
• D) that the Linearity condition is not satisfied.
• E) that the Independence assumption is not satisfied.

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Definitions:

External Environment

Factors outside an organization that can affect its performance, such as economic conditions, competition, and regulatory policies.

Organizational Resources

The assets, capabilities, processes, information, and knowledge that an organization controls and can use to accomplish its goals and objectives.

Business Strategies

Comprehensive plans and actions that guide businesses in achieving their goals, responding to competitive environments, and fulfilling market demands.

Corporate Strategies

The comprehensive approaches that businesses adopt to achieve their long-term objectives and secure a competitive advantage.