A Random Sample of 150 People Was Taken from a Very

question 56

Multiple Choice

A random sample of 150 people was taken from a very large population. Ninety of the people in the sample were females. The standard error of the proportion of females is

• A)0.0016
• B)0.2400
• C)0.1600
• D)0.0400

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Definitions:

Efficiency

The ratio of the output produced to the input used in the production process, often used as a measure of performance in operations and processes.

Process Layout

An arrangement of resources in a production system where similar processes are grouped together, optimizing for flexibility in job execution.

Load-distance Model

A model used in facility layout planning that seeks to minimize the weighted distance between all points in the layout.

Facilities Manager

A professional responsible for ensuring the optimal operation of buildings and facilities, including maintenance, safety, and compliance with regulations.