Examlex
A defective product is one that does conform to specifications.
Normal Distribution
A bell-shaped frequency distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.
Finite Population Correction Factor
A factor applied to the calculation of sampling error when sampling without replacement from a finite population.
Infinite Population
A theoretical concept in statistics where the population size is considered boundlessly large.
Standard Deviation
An indicator that measures the level of disparity or distribution of values in a dataset from its mean.
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