Examlex
The net asset value for a mutual fund share is calculated by dividing the value of the fund's portfolio by the fund's liabilities.
Standard Errors
The standard deviation of the sampling distribution of a statistic, typically the mean.
Control Chart
A control chart is a statistical tool used to monitor, control, and improve process performance over time by identifying sources of variation.
Process Variability
The natural or inherent variations in a process, reflecting the differences in output or results when the process is repeated under the same conditions.
S Chart
A type of control chart used for monitoring the variability of a process over time, particularly when sample sizes are constant.
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