Examlex
An employee who is awarded stock appreciation rights must purchase the related shares.
Run Of Eight
A specific sequence in process control in which eight consecutive points fall on one side of the mean or another indicating a potential non-random pattern.
Statistical Control
The process of adjusting for the effects of confounding variables by including them as covariates in statistical models, to isolate the true relationship between the primary independent and dependent variables.
Center Line
In statistical process control charts, this is the line that represents the average or mean of the data points being monitored.
Upper Specification Limit
The maximum acceptable value for a measurable parameter of a product, beyond which quality is deemed unacceptable.
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