Our forecasted value of y is

Related MCQs

• Consider that for a process s bar (average standard deviation of 50 samples each of size 4) is found to be 10.04. The value of c4 (corresponding to sample size of .4) is .92. What is the estimated value of process standard deviation?
• Given that for the three samples, the value of R bar is .66 and value of d2 corresponding to three is1.128, what is the estimated standard deviation?
• Consider that for a particular process, the p has shifted to .4 and the process has gone out of control. The corresponding value of beta is found to be .3356. The value of Average Run Length is:
• Consider for a process in control, the value of alpha is .0015. What is the value of the average run length?
• To determine whether the test statistic of ANOVA is statistically significant, it can be compared to a critical value. What two pieces of information are needed to determine the critical value?
• You conduct a hypothesis test and you observe values for the sample mean and sample standard deviation when n = 25 that do not lead to the rejection of Ho (null hypothesis). You calculate a p-value of 0.0667. What will happen to the p-value if you observe the same sample mean and standard deviation for a sample n>25?
• To determine whether the test statistic of ANOVA is statistically significant, it can be compared to a critical value. What two pieces of information are needed to determine the critical value?
• For the above table, what is the value corresponding to the central line for the x bar chart?
• If the value of D4 = 2.547, D3=0, then what is the UCL and LCL for the R chart?
• For a c chart, the LCL comes out to be -.7. The value of LCL that should be used is: