All of the following are advantages of using regression analysis to determine standard time EXCEPT:
A) a smaller cycle time.
B) the assumption of additive task times.
C) statistically significant variables.
D) confidence intervals for the prediction.

Question

Quizplus · Accepted Answer

Regression analysis does not inherently result in a smaller cycle time; it is a statistical method used for predicting a dependent variable based on one or more independent variables, focusing on the relationship between these variables rather than optimizing process times directly.

All of the Following Are Advantages of Using Regression Analysis