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Define each of the following control chart patterns.Include a sketch of each pattern with your definition.
a.One point outside the control limits
b.Sudden shift in the process average
c.Cycles
d.Trends
e.Hugging the center line
f.Hugging the control limits
Bicycle
A human-powered, pedal-driven vehicle with two wheels attached to a frame, one behind the other.
Complements
Pairs of goods for which a rise in the price of one good leads to a decrease in the demand for the other good.
Cross-Price Elasticity
A measure of how the quantity demanded of one good responds to a change in price of another good, indicating whether the goods are substitutes or complements.
Demand
The total quantity of a good or service that consumers are willing and able to purchase at a given price level.
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