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A Value-Stream Map Includes Both (1)inventory Quantities,and (2)symbols for Customers

question 102

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A value-stream map includes both (1)inventory quantities,and (2)symbols for customers and suppliers.


Definitions:

Confidence Interval

A collection of values obtained from statistical samples that is expected to encompass the value of an undetermined population parameter at a given confidence level.

Margin of Error

An expression of the amount of random sampling error in a survey's results, representing the range within which the true population parameter is expected to lie.

Margin of Error

The amount of error allowed in the results of a poll or survey, reflecting the confidence in the results.

Observations

Data collected during an experiment or research which are analyzed to gain insights and draw conclusions.

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