If Price Were $6,there Would Be a (Shortage or Surplus)_____

question 142

Short Answer

If price were $6,there would be a (shortage or surplus)_____ of _____.

---

Definitions:

Defects

Imperfections or errors in a product or process that result in a lack of quality or performance.

Control Limits

Statistical boundaries set in process control that indicate the outer acceptable limits of variation in a process's performance.

Specification Limits

The defined range of acceptable values for a product's characteristics, within which the product can be considered to meet quality standards.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data values around the mean.