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Suppose you invested $79 in the Ishares Dividend Stock Fund (DVY) a month ago. It paid a dividend of $0.41 today and then you sold it for $66. What was your return on the investment?
Assignable Variation
Assignable variation is variation in a process that can be traced to specific causes, such as machine malfunctions or operator errors, as opposed to random variation.
Average Run Length
The expected number of items inspected before a change is detected, commonly used in quality control.
False Alarm
An incorrect signal or detection indicating the presence of a condition or attribute that is not actually present.
Control Limits
The boundaries defined in control charts within which a process statistic is considered to be in a state of statistical control.
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