Examlex
Why do work cells increase the utilization of equipment and machinery?
Dispersion
The measure of how spread out or scattered values are in a data set, indicating the variability or inconsistency in the data.
Standard Deviation
A statistical measure of the dispersion or variation in a set of values, indicating how much the values differ from the average.
Sampling Distribution
The probability distribution of a given statistic based on a random sample, often used to make inferences about the population.
P-bar Formula
A statistical technique used in quality control to determine the proportion of defective items in a batch or process.
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