Construct a run chart for individual values corresponding to the given data. A machine that supposed to produce ball bearings with a diameter of 7 millimeters yields the following d from a test of 5 ball bearings every 20 minutes.
Definitions:
Open Market Operations
Activities by a central bank to buy or sell government securities in the open market to influence the money supply and interest rates.
Reserve Requirement
A regulation set by central banks that specifies the minimum amount of reserves a bank must hold in relation to customer deposits.
Open Market Purchase
A monetary policy tool where the central bank buys government securities from the market in order to expand the money supply.
Money Supply
The total financial assets present within an economy, inclusive of cash, coins, and the amounts present in checking and savings accounts, at a certain point.
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