Examlex
One of the fastest growing segments of accounting practice is the not-for-profit sector.
Special Cause Variation
Variation in a process caused by identifiable factors, typically indicating that the process is not in control.
Process Capability
A statistical measure of a process's ability to produce output within given specifications.
Out Of Control Signals
Indicators within a process control or statistical control chart that highlight when a process is deviating from its stable state or specified limits.
Sampling Distribution
The probability distribution of a given statistic based on a random sample, used to make inferences about the population.
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