Examlex
Banks with which type of loans were most likely to fail during the early 1930s?
Control Limits
Boundaries in statistical process control that indicate the thresholds for when a process is in or out of control.
Process Capability Index
A statistical measure that quantifies how well a process can produce output within given specification limits.
Specification Limit
Predetermined bounds within which a product or process’s performance must fall to be considered acceptable, often used in quality control.
Standard Deviation
A statistic that measures the dispersion or spread of a set of numbers.
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