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Two samples are selected at random from two independent normally distributed populations. Sample 1 has 49 observations and has a mean of 10 and a standard deviation of 5. Sample 2 has 36 observations and has a mean of 12 and a standard deviation of 3. The standard error of the sampling distribution of the sample mean difference, , is:
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Visual display panels that provide real-time information about a system or process, often used in business to monitor performance.
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An international community focusing on best practices, strategies, and innovations for manufacturing operations.
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Standardized measures used to evaluate and track the performance or progress of a business, process, or system.
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A production strategy where companies manufacture products in anticipation of demand and keep an inventory to quickly meet that demand.
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