Examlex
The standard deviation is an average that is calculated by adding up a set of quantities and dividing the sum by the total number of quantities in the set.
Defective Product
A consumer item that is not safe for its intended use due to design, manufacturing, or labeling issues, potentially leading to liability for damages.
Industrywide Liability
A legal theory holding all companies within an industry responsible for harm caused by hazardous products or practices, regardless of individual culpability.
Manufacturing
The process of converting raw materials, components, or parts into finished goods through the use of equipment, human labor, and machinery.
Harmful Product
A product that can cause injury, health issues, or detrimental effects to consumers due to its nature, design, or manufacturing.
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