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Author Question: Recently a shipping company took 30 samples, each of size n = 100, of packages that it was ... (Read 100 times)

mikaylakyoung

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on: Jun 24, 2018
Recently a shipping company took 30 samples, each of size n = 100, of packages that it was responsible for delivering. Out of the 3,000 total packages, 300 were delivered late.
 
  In setting up an appropriate process control chart, what would be the correct 3-sigma upper control limit value?A) 0.03
  B) 0.13
  C) 0.19
  D) 0.07

Question 2

If a company has 12 years of annual sales data and is in need of a three-year forecast, which of the following forecasting techniques might be useful?
 
  A) Forecast generalization
  B) Seasonality processing
  C) Regression-based trend forecasting
  D) Random component analysis


IAPPLET

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

C

Answer to Question 2

C


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