The Concept of Six Sigma Statistics Is Based on a Process

question 9

Multiple Choice

The concept of six sigma statistics is based on a process shift of:

• A) 0.5 I
• B) 1.5 I
• C) 1.0 I
• D) 2.0 I

---

Definitions:

Comparative Advantage

The ability of an individual, company, or country to produce a particular good or service at a lower marginal and opportunity cost over another.

Comparative Advantage

The ability of a country or firm to produce a particular good or service at a lower marginal cost and opportunity cost than its competitors.

Produce More

The act of increasing the output of goods or services, typically in response to higher demand or improved efficiency.

U.S. Economy

The economic system of the United States, characterized by a mixed economy with a high level of output, innovation, and diversity of goods and services.