Examlex
The managers of a production line that fills cereal boxes would like to reach a Six Sigma level of quality in terms of product weight.The desired range of output extends from 10 to 16 ounces.In order to reach Six Sigma quality,what would the maximum standard deviation of output need to be?
Population Mean
The average of a set of values or measurements in the entire population.
Critical Value
A specific position in the test distribution used for comparison with the test statistic in order to make a decision about rejecting the null hypothesis.
Confidence Interval
A range of values, derived from the sample data, that is likely to contain the value of an unknown population parameter with a certain degree of confidence.
Sample Size
The number of observations or datapoints collected in a subset of a larger population.
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