Examlex
An organized presentation is a form of canned sales presentation.
Sample Ranges
The difference between the highest and lowest values in a set of data samples, often used in statistical analysis to measure variability.
Producer's Risk
Producer's risk is the probability of rejecting a quality product during the inspection process, falsely identifying it as defective.
Consumer's Risk
The probability of accepting a lot or batch of goods that contains a greater number of defects than a predetermined level, leading to consumer dissatisfaction.
Acceptance Sampling
A statistical quality control method where a random sample of items from a lot is tested to determine the acceptance or rejection of the entire lot.
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