Examlex
If the process proportion of defectives is unknown, using .10 alpha risk control limits, do any of the sample proportions indicate an out-of-control process proportion of defectives?
Damages
A monetary compensation awarded by a court to a person who has suffered a loss or injury.
Incidental Beneficiary
A person or entity that indirectly gains a benefit from a contract to which they are not a party, without the contract specifically intending such benefit.
Beneficiary
A person or entity entitled to receive benefits or assets under a legal arrangement or instrument, such as a will, trust, or insurance policy.
Third-party Beneficiary
An individual or legal entity that gains a benefit from a contract despite not being one of the primary parties involved.
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