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This question contains two parts;be sure to answer both.First,describe the elements of the communication process.Next,imagine that you are the CEO of a cosmetics company.Your company is headquartered in Chicago,where you have more than 3,000 employees.You are planning to give a talk to all the employees,a "state of the company" address that reviews the company's performance,victories,and challenges over the past 12 months.Because you want every employee to be able to listen to your address,you decide to do it as a webcast that employees can watch on their computers in real time.Explain how your webcast includes each element of the communication process.
Upper Control Limit
The highest value on a control chart that signals the process is still within acceptable limits before corrective actions are deemed necessary.
Standard Deviation
A metric for gauging the extent of fluctuation or scatter in a sequence of values.
Type II Error
A statistical error that occurs when a researcher fails to reject a false null hypothesis, missing an actual effect.
Type I Error
The error that occurs when a true null hypothesis is incorrectly rejected.
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