Instructions: Identify the Terms and Briefly State Their Historical Significance

question 102

Short Answer

Instructions: Identify the terms and briefly state their historical significance..
Tamerlane

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Definitions:

Lower Control Limit

The lower control limit is the statistical lower boundary on a control chart, helping to identify process variation or signal the need for corrective action if data points fall beyond this limit.

Upper Control Limit

The highest value on a control chart that signals the process is in control and within set parameters.

Sample Proportion

The fraction or percentage of individuals or items in a subset of a population that meet a specified criterion, used to estimate the true proportion.

Sample Proportions

A statistic that represents the fraction of individuals in a sample that possess a certain attribute or characteristic.