The Capability Index (Cpk) Indicates the Position of the Mean

question 48

True/False

The capability index (Cpk) indicates the position of the mean and tails of a process's variance relative to design specifications.

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Definitions:

Capital Formation

The process of building up the physical and financial assets of an economy for the production of goods and services.

Manufacturing

The process of converting raw materials, components, or parts into finished goods that meet a customer's expectations or specifications.

Services

Intangible products such as accounting, banking, cleaning, consultancy, education, insurance, expertise, medical treatment, or transportation.

Brain Drain

Refers to the emigration of highly skilled or qualified people from a particular country or region to another, often for better pay or conditions.