Examlex
The cost of labor that is not clearly associated with specific units or batches of product is called:
3-sigma Control Limits
Statistical boundaries set at three standard deviations from the mean in a control chart, used to determine the variability of a process and identify potential outliers or trends.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values.
Sampling Distribution
Sampling distribution is a statistical term describing the distribution of sample means or proportions over repeated sampling from the same population.
Standard Deviation
A statistical measure of the dispersion or variability within a dataset, indicating how spread out the numbers are from the average.
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