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Author Question: A process is said to be under statistical control when a. there is no variation. b. there is a ... (Read 89 times)

jCorn1234

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on: Jun 24, 2018
A process is said to be under statistical control when
 a. there is no variation.
 
  b. there is a slow increasing trend in the means.
 
  c. only random variation is present.
 
  d. a cyclic pattern is present.

Question 2

Suppose we compare the difference between the NPV of a financial model in which the means are entered for all input random variables and the NPV of a financial model in which the most likely values are entered for all input random variables. A large difference between the NPV's demonstrate:
 a. the value at risk (VAR)
  b. the effect of randomness
  c. the flaw of averages
  d. the bias of the analyst
  e. none of these choices


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britb2u

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

c

Answer to Question 2

c


jCorn1234

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

phuda

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Reply 3 on: Yesterday
Excellent

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