Examlex
What is the value of getting employees to compete against a goal instead of against one another?
Sample Proportions
It's the fraction or percentage of observations that fall into one category of a categorical variable in a sample of the population.
P Charts
Control charts used for monitoring the proportion of defective items in a process over time.
Control Charts
Statistical tools used in quality control processes to analyze how a process changes over time, with lines representing upper and lower limits.
Lower Control Limit
The threshold in control charting below which the process variability is considered to be in a state of statistical control but indicating potential performance issues.
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