Examlex
Both the payback and the accounting rate of return methods focus on cash flows that an asset generates.
Runs Rule
A non-parametric statistical test that checks for randomness in a data sequence.
Out-Of-Control Signal
An indication, often from a control chart, that the process variability is exceeding the predetermined control limits.
Process Example
An illustrative case that demonstrates the steps or stages within a procedure or methodology.
Smart Phone
A mobile phone offering advanced features, typically with internet access, touchscreen interface, and the ability to run various applications.
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