Examlex
Which of the following is/are assumption(s) of process control?
Standard Deviation
A statistical measure that quantifies the amount of variation or dispersion of a set of data values from their mean.
Variability
The extent to which data points in a statistical distribution or data set differ from each other and from the overall mean of the set.
Index
A statistical measure or indicator that represents the variation or level of a specific phenomenon, often used in economics and finance.
Correlation Coefficient
A statistical measure that calculates the degree to which two variables move with each other, ranging from -1 (perfect negative correlation) to +1 (perfect positive correlation).
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