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If
= 2) 0144,
= ) 0972,and there are 25 subgroups of size 5,find the UCL and the LCL for the
Chart.
Midpoint Formula
A method used in geometry to find the midpoint or the center point between two points on a line segment.
Absolute Value
The non-negative value of a number regardless of its sign.
Elasticity
a measure of how much the quantity demanded or supplied of a good responds to a change in one of its determinants, such as price.
Quantity Effect
The change in quantity demanded or supplied as a result of changes in price.
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