Examlex
W. Edwards Deming's 14 points for implementing total quality management include all of the following EXCEPT:
Random Component
In statistical models, the part of variation that cannot be attributed to any identifiable factors and appears without a discernible pattern.
Trend Corrected Exponential Smoothing
A forecasting technique that adjusts exponential smoothing to account for trends in the data, enhancing prediction accuracy.
Holt's Model
A forecasting technique that extends exponential smoothing to allow the data to exhibit a trend.
Observable Trend
A pattern or movement in data over time that can be identified and analyzed to understand current movements and predict future developments.
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