Examlex
The second step of the decision making model is to set objective and criteria.
Control Chart
A graphical tool used in quality control processes to monitor a process and indicate when it is going out of predetermined control limits.
Upper Control Limit
The highest value on a control chart that signals the process is still within acceptable limits before corrective actions are deemed necessary.
Standard Deviation
A metric for gauging the extent of fluctuation or scatter in a sequence of values.
Type II Error
A statistical error that occurs when a researcher fails to reject a false null hypothesis, missing an actual effect.
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