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In Control Process Is Typically Defined as a Process in Which

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In control process is typically defined as a process in which all output is operating within In control process is typically defined as a process in which all output is operating within   3 standard deviation of the centerline of the process. 3 standard deviation of the centerline of the process.


Definitions:

Risk-Free Security

An investment that is assumed to be free from any risk of financial loss, typically represented by government bonds.

Arithmetic Return

The simple average of a set of returns over a period.

Investment

The commitment of resources such as capital or time to an endeavor with the expectation of obtaining an income or profit.

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