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The Purpose of Deming's _____ Experiment Is to Show That

question 68

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The purpose of Deming's _____ experiment is to show that people can and do affect the outcomes of many processes and create unwanted variation by "tampering" with the process,or indiscriminately trying to remove common causes of variation.


Definitions:

Breach of Contract

The violation or failure to perform any term of a contract without a legitimate legal excuse.

Watered Shares

Shares that have been issued by a company at a value much greater than its actual asset value, leading to an inflation of the company's apparent worth.

Par Value

The face value of a bond or stock as stated by the issuer, which has little relation to its market price.

Issued

The act of officially distributing or making something available, such as a public statement, document, currency, or security.

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