Examlex
Does a change in the real interest rate shift the supply of loanable funds curve? Explain your answer.
Center Line
In statistical process control charts, the center line represents the mean value of the quality characteristic being measured.
Control Limits
Refer to the statistical bounds within process control that signal when a process might be going out of control or is otherwise operating outside of its expected range.
Special Cause Variation
Variation in a process caused by identifiable factors, typically indicating that the process is not in control.
Process Capability
A statistical measure of a process's ability to produce output within given specifications.
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