GAQM
CLSSBB · Question #49
A Belt working in a supply chain environment has to make a decision to change suppliers of critical raw materials for a new product upgrade. The purchasing manager is depending on the Belt's effort re
The correct answer is B. 2.22. You've hit your limit · resets 12:50am (America/New_York)
Analyze Phase
Question
A Belt working in a supply chain environment has to make a decision to change suppliers of critical raw materials for a new product upgrade. The purchasing manager is depending on the Belt's effort requiring that the average cost of an internal critical raw material component be less than or equal to $3,600 in order to stay within budget. Using a sample of 35 first article components, a Mean of the new product upgrade price of $3,200 and a Standard Deviation of $180 was estimated. Based on the data provided, the Z value for the data assuming a Normal Distribution is?
Options
- A1.11
- B2.22
- C4.30
- D5.42
How the community answered
(51 responses)- A6% (3)
- B76% (39)
- C4% (2)
- D14% (7)
Explanation
You've hit your limit · resets 12:50am (America/New_York)
Topics
#Z value calculation#hypothesis testing#normal distribution#one-sample Z-test
Community Discussion
No community discussion yet for this question.