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Drive
Winter
2015
Program
MBA
(SEM 3)
Subject
code & name
QM0021:
STATISTICAL PROCESS CONTROL
Qus:1
Write short notes on:
(a)
Process management
(b)
Types of data
Answer:
Short
notes on process management:
Process management can be defined as a tool for managing the different
activities of a process in order to achieve the business objectives. These
activities include, designing the process, measuring the process, monitoring
the process, and taking corrective actions when the results are not in
accordance with the
Qus:2
What is process capability? Define process capability index. Explain Cp index
and Cpk Index.
·
Meaning
of process capability
·
Definition
of process capability index
·
Explanation
of Cp index and Cpk index
Answer:
Meaning
of process capability:
Process capability is
defined as the capability of a process which is able to achieve the objective
for which it exists within the constraints or the limits. In other words, it is
defined as how likely a product is going to meet its
Qus:3
What is ‘mean’ and ‘median’? How do you calculate mean and median? Calculate
the mean and median of the following data: 54, 56, 23, 65, 34, 71, 56, 39.
·
Meaning
of mean and median
·
Mention
the formula to calculate mean and median
·
Calculation
of mean and median of the given data
Answer:
Meaning
of mean and median:
Mean:
The mean, also
known as average, is a numeric figure obtained by dividing the sum of the
observations by the total number of observations taken.
Median:
Median of data
divides the entire data into two equal halves when the data has been arranged in
either increasing order or
Qus:4
What are the properties of ‘probability’? Explain about ‘normal distribution’
in brief.
·
Properties
of ‘probability’
·
Meaning
of normal distribution
·
Characteristics
of normal distribution
Answer:
Properties
of ‘probability’:
The
probability of one event is determined by using the probabilities of other events.
An organisation can determine the likelihood of an event by keeping in mind the
properties of probability. The
Qus:5
Define ‘hypothesis testing’. Explain ‘null hypotheses’ and ‘alternative
hypothesis’.
·
Definition
of hypothesis testing
·
Explanation
of ‘null hypothesis’ and ‘alternative hypothesis’
Answer:
Definition
of hypothesis testing:
Hypothesis testing as a
process of resolving problems or deriving information from the given data in
order to conduct crucial business decisions. It is a logical method of
accepting and validating business decisions. In hypothesis testing, two types
of hypothesis are utilised. One is the null
Qus:6
What is a control chart? What are the various control charts for attributes?
Explain ‘p’ chart in detail.
·
Meaning
of ‘control chart’
·
List
the various control charts for attributes
·
Explanation
of ‘p’ chart
Answer:
Meaning
of ‘control chart’:
A control chart is a
tool used to determine whether the process under consideration is stable and
predictable or
Get fully solved assignment. Buy online from website
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if urgent then call us on 08791490301, 08273413412
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