Posted: March 7th, 2014
1. Explain the three fundamental principles of statistical thinking. Use an example from either your personal life or a work process to illustrate.
2. Define the following terms:
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Parameter
Point estimate
Random variable
Standard error of the mean
3. What are the advantages of studying a sample from the population instead of the studying the entire population though a census?
4. Some have argued the Six Sigma programs are merely repackaged versions of older quality improvement programs that originally accompanied TQM initiatives in the 1980s. Present arguments that both support and refute this view.
5. Describe the categories of problems that have been found to be approached by Six Sigma methodology.
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