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To define the business for the mission statement,managers must ask three questions:
Standard Deviations
A measure of the amount of variation or dispersion of a set of values, indicating how much individual data points differ from the mean.
Statistical Process Control Charts
Graphical tools used for monitoring, controlling, and improving processes by identifying variations.
Process Variables
Elements or factors within a process that can be adjusted to affect the outcome, often used in manufacturing and control systems.
R-chart
A control chart used for monitoring the range of variability of a process over a period of time.
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