Examlex
Because statistical process control (SPC) requires processes to show measurable variation, it is ineffective for quality levels approaching Six Sigma.
Alpha
A threshold value used in hypothesis testing that defines the probability of making a Type I error, or rejecting a true null hypothesis.
Critical Value
A threshold in statistical testing that defines the boundary for rejecting the null hypothesis.
Hypotheses
A formulated assumption made based on limited evidence as a starting point for further investigation.
Alpha
In statistics, it often refers to the level of significance at which a hypothesis test is conducted; commonly set at 0.05.
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