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What is a stock split? How is a stock split different from a stock dividend?
Sample Size
The number of observations or data points selected from a population for analysis, which impacts the reliability and accuracy of statistical results.
Specification Limits
Predetermined boundaries set for the acceptable range of product dimensions, materials, or performance standards to ensure quality.
Capability Index
A statistical measure used to assess the ability of a process to produce output within specified limits.
Process Mean
The average value in a set of process measurements, indicating the central tendency over a period of time.
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