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Author Question: Rejecting a poor-quality lot would be a _____. a. Type I error b. Type II error c. correct ... (Read 114 times)

biggirl4568

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on: Jun 24, 2018
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

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  • Posts: 313
Reply #1 on: Jun 24, 2018
Answer to Question 1

c

Answer to Question 2

A


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