A Process Capability Ratio Reflects the Number of (Z) Sigmas

question 54

True/False

A process capability ratio reflects the number of (Z) sigmas included in the range between the upper and lower control limits.

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Definitions:

Ad Valorem Tariffs

A type of tariff calculated as a percentage of the value of the imported goods, as opposed to a fixed fee per unit.

Specific Tariffs

Taxes imposed on imported goods at a specific rate per unit, such as per ton or per item, instead of a percentage of value.

Tariff

A tax imposed on imported goods to protect domestic industries or to generate revenue.

Imports

Goods and services bought by residents of a country from other countries.