Examlex
The lower control limit for a p chart cannot be lower than zero.
P(Z < 3.00)
A statistical expression indicating the probability of a standard normal variable being less than 3.00.
P(Z > 1.9)
The probability that a standard normal random variable Z exceeds the value of 1.9, commonly used in statistical analysis to find tail probabilities.
Mean
The average of a set of numbers, calculated by dividing the sum of the values by their count.
Standard Deviation
A gauge that evaluates the breadth of fluctuation or spread of dataset values in relation to the central value.
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