Regarding Control Charts, Changing from Two-Sigma Limits to Three-Sigma Limits

question 48

Multiple Choice

Regarding control charts, changing from two-sigma limits to three-sigma limits:

• A) increases the probability of concluding nothing has changed, when in fact it has.
• B) increases the probability of searching for a cause when none exists.
• C) decreases the probability that the process average will change.
• D) decreases the probability that defects will be generated by the process.

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Definitions:

Convenient Locations

Places that are easily accessible to customers, often chosen by businesses to enhance visibility and accessibility, leading to increased customer traffic.

Customer Relationship Management

A strategy for managing an organization's interactions with current and potential customers, often using data analysis to study large amounts of information.

Private-label Merchandise

Products that are manufactured or provided by one company for offer under another company's brand, often found in retail to offer exclusive branding options to the retailer.

Personalized Offerings

Customized products or services designed to meet the specific needs or preferences of an individual customer.