Strayer University - MAT 510 Midterm Exam. Questions With Answers. 100% Correct. Latest Update

Strayer University - MAT 510 Midterm Exam. Questions With Answers. 100% Correct. Latest Update. Question 1 4 out of 4 points Improvement is needed for an organization to survive because: Selected Answer: All of the above Correct Answer: All of the above  Question 2 4 out of 4 points Why is it so difficult for a person or an organization to improve? Selected Answer: All of the above Correct Answer: All of the above  Question 3 4 out of 4 points A SIPOC map is: Selected Answer: A comprehensive view of a process including customers and suppliers Correct Answer: A comprehensive view of a process including customers and suppliers  Question 4 4 out of 4 points Lean manufacturing, Six Sigma, Total Quality Management are some of the new systems for managing and improving an organization. What is a common theme running through these approaches? Selected Answer: Improvement is accomplished by improving the processes we use to do out work Correct Answer: Improvement is accomplished by improving the processes we use to do out work  Question 5 4 out of 4 points Problem solving activities typically include: Selected Answer: None of the above Correct Answer: None of the above  Question 6 4 out of 4 points The fact that processes tend to be dynamic, rather than static, is a key principle of statistical thinking. Which of the following is a natural consequence of this fact? Selected Answer: Summary statistics, such as averages, are often misleading Correct Answer: Summary statistics, such as averages, are often misleading  Question 7 4 out of 4 points The Statistical Thinking Strategy has significant commonality with the scientific method. Which of the following statistical thinking principles is NOT generally associated with the scientific method? Selected Answer: None of the above Correct Answer: None of the above  Question 8 4 out of 4 points Figure 2.16 shows a chart of the Dow Jones Industrial Average from 1990 through 2011. This plot reveals some obvious change points, such as the 2008 financial collapse, and some unexplainable short-term variation. Assuming that these are the only sources of variation in this plot, what source of variation is NOT visible in the plot? Selected Answer: Structural variation Correct Answer: Structural variation  Question 9 4 out of 4 points In Figure 2.11, Coach Hau presented data showing where goals were scored on crosses. This produced unexpected results, in terms of where the goals came from, and helped his team determine an effective strategy on free kicks. This is an example of what principle of statistical thinking? Selected Answer: We often revise our original theories in light of data analysis Correct Answer: We often revise our original theories in light of data analysis  Question 10 4 out of 4 points The Statistical Thinking Strategy illustrated in Figure 2.14 provides a graphic of the overall approach to driving improvement through statistical thinking. Which of the following is a key principle illustrated in this specific graph? Selected Answer: All of the above Correct Answer: All of the above  Question 11 4 out of 4 points In the soccer case study, Coach Hau developed a flowchart of the steps one goes through to properly “head” the ball, and then developed unique drills to develop the team’s skills in each of these steps. This approach is an example of what statistical thinking principle? Selected Answer: All activities can be viewed as a process Correct Answer: All activities can be viewed as a process