Examlex
Lean operations cannot easily handle changes of output or product mix.
Confidence Interval
A confidence interval is a range of values, derived from statistical analysis, that is likely to contain the true value of an unknown population parameter.
Census Limits
The constraints or limitations inherent in conducting a census, such as time, cost, and accuracy of data collection.
Quota Sampling
A sampling method where participants are selected to ensure that certain characteristics are represented to a set proportion.
Simple Random Sampling
A sampling technique where each member of the population has an equal chance of being selected to be part of the sample.
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