Examlex
________ is a process in which managers and employees at all levels set objectives for what they are to accomplish.
P Chart
A type of control chart used for monitoring the proportion of defective items in a process over time.
Upper and Lower Control Limits
Defined in quality control, these are the thresholds set for process performance monitoring to signal when a process is out of control.
Sample Proportion
The fraction or percentage of the sample that reflects a particular trait or attribute of interest.
Central Limit Theorem
A statistical theory that states that, given a sufficiently large sample size from a population with a finite level of variance, the mean of all samples from the same population will be approximately equal to the mean of the population.
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