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At any meeting of the Federal Open Market Committee,that committee's voting members consist of
X-bar Chart
A type of control chart used for monitoring the mean value of a process over time.
Natural Variation
Variability that affects every production process to some degree and is to be expected; also known as common cause.
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.
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