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Since They Reduce Uncertainty, Fixed Exchange Rates Are Good for Business

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Since they reduce uncertainty, fixed exchange rates are good for business.


Definitions:

P Chart

A type of control chart used to monitor the proportion of defective items in a series of samples.

Upper Control Limit

The upper threshold in control charts beyond which indicates that a process is out of control.

P Chart

A type of control chart used for monitoring the proportion of defectives in a process.

Assignable Variation

Specific alterations in a process caused by identifiable factors, rather than by random fluctuations.

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