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If a Company Can Eliminate All Sources of Variance in a Process

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If a company can eliminate all sources of variance in a process:


Definitions:

Reject

In statistical analysis, to refuse to accept a null hypothesis, based on the outcome of a test showing that observed data is unlikely under the hypothesis.

Null Hypothesis

A default hypothesis that there is no significant effect or difference, used as a starting point for statistical hypothesis testing.

Research Hypothesis

A specific, testable prediction about the expected outcome of a scientific study.

Null Hypothesis

A default hypothesis that there is no significant effect or difference between specified populations.

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