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1. Which term describes a response that appears the greatest number of times compared to other responses in a survey?
A) Outlier
B) Mean
C) Mode
D) Median
2. What is a statistical process control procedure for a drill manufacturer?
A) Determining the different market segments for its drills
B) Implementing collaborative planning forecasting and replenishment
C) Forecasting future consumer demand for its drills
D) Determining whether the weight of selected drills is within a tolerable range
3. How should a marketing consulting firm perform a cluster analysis for a new granola bar?
A) Determine the reasons for consumer granola bar purchases
B) Determine the different segments or groups to target
C) Determine competitor benchmarks and forecasts for comparison
D) Determine whether there are any granola bar sales trends
4. A healthcare organization implements a campaign to improve patient satisfaction during recent stays. The average patient satisfaction before the campaign is M = 4.20, SD = 3.0. Six months after the new campaign, the average patient satisfaction is M = 1.5, SD = 2.0.
Which action should the hospital management team take?
A) Continue the campaign because patient satisfaction significantly increased from baseline to six months following the campaign introduction
B) Change the campaign because it worked initially but is no longer effective
C) Discontinue the campaign because patient satisfaction declined from baseline to six months following the campaign introduction
D) Continue the campaign because there was an increase in patients that came to the hospital during the six months
5. How do a run chart and a control chart differ?
A) They are the same, except a run chart includes limits or constraints that a process should not exceed.
B) They are the same, except a control chart includes limits or constraints that a process should not exceed.
C) A run chart reveals trends in manufacturing problems over time, whereas a control chart is essentially a snapshot in time.
D) A control chart reveals trends in manufacturing problems over time, whereas a run chart is essentially a snapshot in time.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: B |
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