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Referring to the figure above, what is the role of the line of code labeled with the number 1?
Standard Errors
Measures of the variability or spread of sampling distribution estimates, indicating how much sample means differ from the true population mean.
Sample Mean
The average of a set of numerical values.
Control Limits
Statistical boundaries set in control charts that are used in process control to detect times when a process is out of control or behaving anomalously.
Standard Errors
The standard deviation of the sampling distribution of a statistic, typically the mean.
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