Examlex
Transportation costs are generally a function of distance,weight,and time.
Average Run Length
In statistical process control, the expected number of samples that will be taken before an action signal is generated.
Control Limits
Predetermined boundaries in statistical process control that indicate if a process is in a state of control or out of control.
Chance Variation
Variations in observations or data that result from random effects or events that cannot be controlled or predicted.
Sample Mean
The average value of a sample set of numbers, calculated by adding all the values and dividing by the number of values.
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