Examlex
The cumulative distribution function for the time to complete a step on an assembly line is given in the following table. What percent of the steps take from 0 to 14 minutes to complete?
Average Run Length
This is a statistical term used to describe the average number of trials until a specified event occurs.
Control Limits
Defined in statistical quality control, control limits are the bounds within which a process metric is considered to be in a state of statistical control, beyond which indicates a potential issue needing investigation.
Standard Errors
Measures of the variability or spread of sampling distribution estimates, indicating how much sample means differ from the true population mean.
Sample Mean
The average of a set of numerical values.
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