Examlex
Rebates, coupons, samples, and contests are all examples of
Process Capability Index
A statistical measure that assesses the ability of a process to produce output within specified limits.
Specification Limits
The defined range of acceptable values for a product’s dimensions, performance, or other measurable quality.
Standard Errors
A measure of the precision of a sample mean estimate of a population mean.
Pooled Standard Deviation
The combined standard deviation of two or more groups of data, used when the groups have a common or similar mean but differ in sample size.
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