Examlex
Which of the following is true about the sampling distribution of the sample mean?
Control Chart
A tool used in statistical quality control to monitor, control, and identify whether a manufacturing or business process is in a state of statistical control.
Control Limits
Control limits are statistical boundaries set in quality control processes to identify when a process is out of control or exhibits unusual variability.
Standard Errors
Estimates of the standard deviation of a sampling distribution, indicating the precision of an estimate.
Average Run Length
In statistical process control, it refers to the expected number of submissions to a process before a signal indicates a potential process control failure.
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