SIX SIGMA GREEN BELT PRACTICE QUESTIONS 2024 STUDY GUIDE WITH VERIFIED QUESTIONS AND ANSWERS | RATED A+

SIX SIGMA GREEN BELT PRACTICE QUESTIONS 2024 STUDY GUIDE WITH VERIFIED QUESTIONS AND ANSWERS | RATED A+ This is a bizarre question. It never mentions that the financial savings should be reported at the annual level. However, that's a reasonable assumption to make. $7,500 * 12 months = $90, 000. - AnswerA shoe manufacturing firm learned through a Lean Six Sigma project their boot soles could be made of a different material requiring two less steps in the process. Removal of these two steps yielded a monthly cost savings of $7,500. Therefore the reported financial savings for this LSS project were: A) $45,000 B) $75,000 C) $90,000 D) $120,000 B. Descriptive Statistics - AnswerThe statistics that summarize a population are referred to as (A) categorical statistics (B) descriptive statistics (C) probabilistic statistics (D) control statistics C. Deviation, True - AnswerAs we calibrate our Measurement System to assure accurate data we frequently encounter Bias which is the __________________ of a measured value from the ________________ value. (Taken from Iassc sample Green Belt exam.) (A) Spread, Mean of the population (B) Deviation, hoped for (C) Deviation, true (D) Spread, idea C. The range of the process - AnswerWhen calculating the Cp index, what does the standard deviation represent in the formula Cp = (USL - LSL) / 6σ? (A) The tolerance interval (B) The confidence interval for the result (C) The range of the process (D) The variance of the index A. Multi - Vari Chart - AnswerIn an "X" Sifting exercises a Belt will use a(n) _______________ to assist in isolating families of variation that may exist within a subgroup, between subgroups or vary over time. (A) Multi - Vari Chart (B) Pareto Chart (C) FMEA (D) Shewhart Analysis A. Alpha error - AnswerWhen an inspection process rejects conforming product, what type of error is being made? (A) a (B) b (C) σ (D) H0 C. Level of Significance - AnswerWhich of the following terms is used to describe the risk of a type I error in a hypothesis test? (A) Power (B) Confidence level (C) Level of significance (D) Beta risk A. 0.05 - AnswerWhich of the following is a commonly accepted level for alpha risk? (A) 0.05 (B) 0.50 (C) 0.70 (D) 0.95