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A Process Is Said to Be Out of Control If

question 75

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A process is said to be out of control if _______.


Definitions:

Odds Ratio

A statistic that quantifies the strength of the association between two events, comparing the odds of an event occurring in one group to the odds of it occurring in another group.

Probability

A mathematical measure of the likelihood that an event will occur, often expressed as a number between 0 and 1.

Dependent Variable

A variable in an experiment or study that is dependent on other variables, typically the outcome or effect being measured.

Indicator Variable

A binary variable that takes the value of 1 if a certain condition is true and 0 if it is false, used in statistical analysis.

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