Examlex
ISO 9000 requires that a new product development process be defined and followed by a company.
Sample Variance
A measure of variability within a sample dataset, calculated by taking the sum of squared differences from the mean divided by the number of observations minus one.
Standard Deviation
A statistics metric that quantifies the variation or dispersion of a set of values.
Sample Mean
The average value of a sample, calculated by summing all the observations and dividing by the number of observations in the sample.
Range
The difference between the maximum and minimum values in a data set, indicating the spread of the data.
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