Author Question: Rejecting a poor-quality lot would be a _____. a. Type I error b. Type II error c. correct ... (Read 101 times)

biggirl4568

  • Hero Member
  • *****
  • Posts: 551
Rejecting a poor-quality lot would be a _____.
 a. Type I error
  b. Type II error
  c. correct decision
  d. None of the answers is correct.

Question 2

Using a naive forecasting method, the forecast for next week's sales volume equals
 a. the most recent week's sales volume
  b. the most recent week's forecast
  c. the average of the last four weeks' sales volumes
  d. next week's production volume



Qarqy

  • Sr. Member
  • ****
  • Posts: 313
Answer to Question 1

c

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

For a complete list of videos, visit our video library