GAQM Exam CLSSBB-001 Topic 10 Question 61 Discussion

Actual exam question for GAQM's CLSSBB-001 exam

Question #: 61
Topic #: 10

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 42 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?

A1.11

B2.22

C4.30

D5.42

Show Suggested Answer

Suggested Answer: D

by Lelia at Oct 20, 2024, 01:29 AM

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2 months ago

Ugh, why do they always make these questions so convoluted? I need more coffee to tackle this one.

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Nydia

1 months ago

Yeah, I agree. Let's grab that coffee and work through this together.

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Arlette

1 months ago

I think the Z value for the data is 2.33.

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Phuong

1 months ago

I know right, these questions can be so confusing sometimes.

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2 months ago

Hmm, this looks tricky. I better grab my calculator and start crunching some numbers.

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Louvenia

1 months ago

I think the Z value is 2.33.

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Wenona

1 months ago

A) 2.33

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Lyla

2 months ago

I agree. So, the closest option is A) 2.33. That seems like the correct answer.

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Veronique

2 months ago

Yes, that's correct. So, the Z value would be (3600 - 3200) / 180 = 2.22.

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Lyla

2 months ago

I think the Z value is calculated by subtracting the mean from the target value and dividing by the standard deviation.

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