Examlex
What is MBO?
Assignable Variation
Variation in a process that is caused by specific, identifiable factors, as opposed to random or inherent variability.
Standard Errors
Standard errors measure the statistical accuracy of an estimate, indicating the variability of sampling distributions of a statistic.
Sample Means
The arithmetic average of a set of values chosen from a larger population for the purpose of statistical analysis.
Process Control
Techniques and methods used to monitor, manage, and adjust processes to ensure they operate within desired parameters and produce outputs of consistent quality.
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