Examlex
Which of the following statements is true about ISO 9004:2000?
Population Standard Deviation
The measure of the dispersion of data points in a population from its mean, providing insight into the variability within the entire population.
Confidence Interval
A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter, with a certain level of confidence.
Sample Size
The number of observations or data points collected in a sample from a population, impacting the precision and reliability of statistical estimates.
UCL
Upper Control Limit, a threshold in statistical quality control charts indicating the maximum acceptable variation in a process.
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