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Earn +20 ptsQ: What is the purpose of conducting a what'if analysis?
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What is the purpose of a correlation analysis?
The purpose of correlation analysis is to check the association between two items. This can be useful in determining accuracy.
What is the first step in conducting stratified sampling?
Identify a stratum of items that merit 100% analysis.
What does pareto analysis involve?
An approach to decision-making that identifies as few options as possible that will produce the maximum result is called pareto analysis. There are six steps that are involved when conducting a pareto analysis.
The purpose of variance analysis?
Listen mate! I'll break it down to you.. variance analysis
What is the purpose of PFMEA analysis?
PFMEA is also called potential failure mode effects analysis. The purpose of PFMEA analysis is to take actions to eliminate or reduce failures, starting with the high priority ones.
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