Examlex
The most powerful tool unions have at their disposal when bargaining with management is
Centerline
In the context of statistical process control charts, this is the median line around which the plotted values are expected to vary.
Random Variation
The natural fluctuation in data or process outcomes, occurring without a specific, predictable cause.
Sample Proportion
The ratio of the number of times an event occurs to the total number of observations or trials in the sample.
Standard Error
Standard error measures the accuracy with which a sample distribution represents a population by quantifying the variability of the sample mean.
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