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Investment is
Control Limits
Statistical boundaries within a control chart that represent acceptable levels of variation in a process.
Permissible Variation
The acceptable range of deviation that a quality characteristic can exhibit without affecting the performance of a product or system.
Nominal Specification
Nominal Specification refers to the precisely defined or stated values of variables or parameters that are intended in design or development, serving as standards or norms.
Variables Data
Data that can be measured and quantified, coming in a range of values that can often be fractioned or divided further.
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