______ Is the Systematic Study of the Activities and Flows

question 95

Short Answer

______ is the systematic study of the activities and flows of each process to improve its performance.

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Definitions:

Sampling Distribution

A statistical distribution of all possible samples' statistics taken from a population.

Probability

A measure of the likelihood of a given event occurring, expressed as a number between 0 (impossible) and 1 (certain).

Sample Means

Average values derived from a subset (sample) of a larger population.

Standard Deviation

Square root of the variance that represents the average deviation of a score from the mean.