If two events are mutually exclusive, they must also be collectively exhaustive

Indicate whether the statement is true or false

FALSE

Business

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Which of the following statements is true of a submission agreement?

A) It is a binding clause in a contract mandating all disputes to be settled by arbitration. B) It specifies the nature of the dispute and how the arbitrator will be selected. C) It is an agreement stating that both parties agree to abide by the mediator's decision. D) It is an agreement provided in court stating how contract disputes are to be settled.

Business

The UCL and LCL for an chart are 25 and 15 respectively. The central line is 20, and the process variability is considered to be in statistical control. The results of the next six sample means are 18, 23, 17, 21, 24, and 16. What should you do?

A) Nothing; the process is in control. B) Explore the assignable causes because the second, fourth, and fifth samples are above the mean. C) Explore the assignable causes because there is a run. D) Explore the assignable causes because there is a trend.

Business