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Question
At the end of 2007, the IRA owned by Joe Smith had a value of $1.2 million. With a rate of return of -29.75 percent in 2008 and a rate of return of 2.98 percent in 2009, calculate the geometric mean rate of return for the two-year period.
Answer
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A. average
B. median
C. sum
D. difference
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The __________________ is a nonparametric counterpart of a small-sample t test for comparing two independent population locations.
A. Wilcoxon rank sum test
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Nonparametric tests can be more powerful than the corresponding t or F tests if the population distribution is highly skewed or nonnormal.
Q:
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Q:
How well a process is able to meet the requirements set forth by the process design is called
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Q:
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B. an upward trend on the R chart.
C. a downward trend on the R chart.
D. an increasing gradual funnel pattern on the R chart.
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If a company is using an chart for a given process with measurement data, it is generally not important or necessary to use an R chart or s chart.
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Control charts are used to reduce common causes of variation.
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A sequence of steadily decreasing points on a control chart is called run down.
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An chart is a control chart on which individual process measurements are plotted versus time.
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A manufacturer of windows produces one type that has a plastic coating. The specification limits for the plastic coating are 30 and 70. From time to time the plastic coating can become uneven. Therefore, in order to keep the coating as even as possible, thickness measurements are periodically taken at four different locations on the window. 15 subgroups were observed, each consisting of four thickness measurements, with the following results: mean of the means = = 50.05, and average range = 8.85. Calculate the center line for the R chart.
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B. 8.85
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