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________ Is the Probability That a Machine Part or Product

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Short Answer

________ is the probability that a machine part or product will function properly for a specified time under stated conditions.


Definitions:

Third Quartile

A statistical term which represents the 75th percentile of a dataset, indicating that 75% of the data points fall below this value.

Box Plot

A graphical representation of data that shows the distribution's five-number summary: minimum, first quartile, median, third quartile, and maximum.

Interquartile Range

The measure of variability in a dataset, represented by the difference between the 75th (upper quartile) and 25th (lower quartile) percentiles.

Interquartile Range

A measure of variability in a dataset, calculated by subtracting the value at the first quartile from the value at the third quartile.

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