Examlex
In the figure shown, what does the dotted line represent?
Defective Units
Items in a production batch that do not meet the required quality standards or specifications.
Random Variable
A variable whose possible values are numerical outcomes of a random phenomenon, with each outcome having an associated probability.
Variance
Variance quantifies the spread of a dataset by measuring the average squared deviation of each number from the mean of the data set.
Mean
The arithmetic average of a set of numbers, calculated by adding up all the values and dividing by the number of values.
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