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In constructing a p-chart, it is advisable to use a much smaller sample size than is typically used for and R-charts.
Average Waiting Time
The average time that a customer or item spends waiting in a queue before being served.
μ
Typically represents the mean of a population in statistics, or the average arrival or service rate in queuing theory contexts.
Finite Population
A population that consists of a fixed, limited number of entities or elements, making it countable and not infinite.
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