Examlex
you give up to obtain an item is called your:
Mean
The sum of a collection of numbers divided by the count of numbers in the collection, also known as the average.
Statistical Process Control
A method used in quality control that employs statistical techniques to monitor and control a process, ensuring it operates at its full potential.
Type I Error
The incorrect rejection of a true null hypothesis, also known as a false positive.
Level Shift
A sudden and lasting change in the average value of a time series or signal.
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