Swami Devi Dyal Institute of Management Studies Interview Questions and Answers

Pareto Analysis is a technique used to identify the most significant factors contributing to a problem.

• Construct a bar chart showing the frequency or impact of each factor

• Arrange the factors in descending order of frequency or impact

• Calculate the cumulative percentage of each factor

• Identify the 'vital few' factors that contribute to the majority of the problem

• Focus on addressing the vital few factors to have the greatest impact on improving quality

I rate myself highly in statistical analysis due to my extensive experience and expertise in utilizing statistical tools and techniques.

• I have a strong understanding of statistical concepts such as hypothesis testing, regression analysis, and data visualization

• I am proficient in using statistical software such as SPSS, SAS, and R for data analysis

• I have successfully applied statistical analysis in previous projects to identify trends, patterns, and insights

• I continuously seek...read more

CTQ stands for Critical to Quality, while CTP stands for Critical to Process. CTQ focuses on customer requirements, while CTP focuses on process requirements.

• CTQ is related to customer requirements and focuses on what is critical for the customer's satisfaction.

• CTP is related to process requirements and focuses on what is critical for the process to function effectively.

• CTQ is used to determine the key characteristics that are critical for meeting customer expectations.

• CTP is...read more

Mean is the average of a set of numbers, median is the middle value when numbers are ordered, and mode is the most frequently occurring value.

• Mean is calculated by adding all numbers in a set and dividing by the total count.

• Median is the middle value when numbers are arranged in ascending or descending order.

• Mode is the value that appears most frequently in a set of numbers.

The 7 QC tools are a set of basic tools used for quality control and problem-solving in manufacturing and service industries.

• Check sheet: Used to collect and analyze data in a systematic manner.

• Control chart: Monitors process variation over time.

• Histogram: Represents data distribution visually.

• Pareto chart: Identifies the most significant factors among many.

• Scatter diagram: Shows the relationship between two variables.

• Stratification: Helps in analyzing data by dividing it int...read more