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sertanlavr [38]
3 years ago
12

Describe a process with which you are familiar. List some factors that contribute to common cause variation. Cite some examples

of special causes of variation in this process.
Business
1 answer:
kolezko [41]3 years ago
3 0

Answer / Explanation:

If given a couple of data and asked to analyse it, there is bound to be some level of variation. Irrespective of how much e try to avoid it, we will find it difficult to achieve identical results for two different scenarios.

Variation can therefore be defined as the quantitative or numerical approach used to indicate how widely individuals in a group vary.

Factors that contributes to common cause variation includes:

First, we need to understand that Common Cause Variation are caused by unknown factors that result in a steady but random distribution of output around the average of the data. We need to understand that Common cause variation is the remaining variation after removing the special causes (non-normal causes) due to one or more of the 5Ms and an “E” causes (Manpower, Material, Method, Measurement, Machine, and Environment), also known as 6Ms (Manpower, Mother nature, Materials, Method, Measurements or Machine).

And some special cause of variation in this instance includes:

Phenomena that are active within the system

Variation within a historical experience base which is not regular

Lack of significance in individual high and low values

Human error

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Vadim26 [7]

Answer:

b. <em> </em>Additional paid-in capital is decreased

Explanation:

The entry to record acquisition and retirement is:

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Common stock                                           $1  

Paid-in capital—excess of par                  $34  

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<em>Conclusion: </em>Additional paid-in capital is decreased.  

7 0
3 years ago
Two firms sell 100% orange juice in 10 ounce bottles. The juice is only good for one week. The two firms have contracts for all
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Answer:

D. Cournot model.

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2 years ago
In a 1988 study, Fama and French found that the return on the aggregate stock market was __________ when the dividend yield was
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Answer:

A. higher

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Fama And French did the risk factor study on stock, which clearly stated that when there is a high dividend yield then the stocks would perform good even in the market.

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Correct option in this case will be:

A. Higher.

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3 years ago
Lakeview Company completed the following two transactions. The annual accounting period ends December 31.
Ann [662]

Answer: Check attachment and explanation.

Explanation:

a. The question has been solved. Check the attachment.

b. LAKEVIEW COMPANY

Balance sheet (Partial)

December 31

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Total current liabilities = $20860

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