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Six-Sigma Refers to the Philosophy and Methods That Some Companies

question 1

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Six-sigma refers to the philosophy and methods that some companies use to eliminate defects in their products and processes.


Definitions:

Sampling Error

The difference between a population parameter and a sample statistic caused by only observing a subset rather than the whole population.

Sampling Process

The practice of selecting a subset of individuals, items, or data points from within a larger population to estimate characteristics of the whole population.

Sampling Error

The discrepancy between the statistical characteristics of a population and those of a sample supposedly representing that population.

Bias

A systematic error or deviation from true results or values, caused by factors that skew the data in a certain direction.

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