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Statistical Process Control Is a Tool Used to Monitor and Improve

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Statistical process control is a tool used to monitor and improve quality.


Definitions:

Predict

The act of forecasting the future outcome or behavior of something based on current or past data.

Car Resale Value

The estimated amount of money a car is expected to sell for after it has been used by the first owner.

Regression Model

A statistical approach for modeling the relationship between a dependent variable and one or more independent variables.

Percent Body Fat

A measurement to assess the proportion of fat to the total body weight.

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