The Central Limit Theorem:

A) is the theoretical foundation of the c-chart.
B) states that the average of assignable variations is zero.
C) allows managers to use the normal distribution as the basis for building some control charts.
D) states that the average range can be used as a proxy for the standard deviation.
E) controls the steepness of an operating characteristic curve.

C

Business

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The Food, Drug, and Cosmetic Act is a federal statute that ________

A) covers all food products including poultry and processed meat B) grants approval for food additives, drugs, cosmetics, and medicinal devices C) implements the Federal Meat Inspection Act enacted in 1906 D) protects the public by providing greater medical coverage from food-related illnesses

Business

A suitable means of evaluating the effectiveness of a records management program is to compare the operating costs of the program with standard operating costs, specifically in terms of salaries, equipment, supplies, and space

Indicate whether the statement is true or false.

Business