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Exam (elaborations)
Bus 515 Final Exam Part 1 & 2
BUS 515 FINAL EXAM PART 1 & 2 
PART 1 
Chapter 6 
Multiple Choice Question 19 
What measures the central tendency of a set of data? 
Coefficient of variation 
Variance 
Standard deviation 
Mean 
Range 
Multiple Choice Question 39 
Consider a p-chart measuring the percentage of defective light bulbs. If the LCL is .04 and a sample has 1% defects, what is the implication? The process is in a state of control. 
The process is out of control even though the variation is “good.” 
The value of sig...
Exam (elaborations)
Bus 515 Final Exam Part 1 & 2
PopularBUS 515 FINAL EXAM PART 1 & 2 
PART 1 
Chapter 6 
Multiple Choice Question 19 
What measures the central tendency of a set of data? 
Coefficient of variation 
Variance 
Standard deviation 
Mean 
Range 
Multiple Choice Question 39 
Consider a p-chart measuring the percentage of defective light bulbs. If the LCL is .04 and a sample has 1% defects, what is the implication? The process is in a state of control. 
The process is out of control even though the variation is “good.” 
The value of sig...