Examlex
It happens to be the case that the standard error of the sampling distribution of sample means
Upper Control Limit
The highest value on a control chart that signals the process is still in control or within predetermined bounds.
Sample Proportion
The fraction or percentage of items in a sample that are part of a particular category, representing a snapshot of that category in the larger population.
Random Variation
The unpredictable fluctuation in data points that results from a multitude of unspecified factors.
Process Control Charts
Graphical displays used to monitor the stability and performance of a process over time by plotting various statistics.
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