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    Introduction to Business Statistics
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    Exam 20: Total Quality Management
  5. Question
    A 3-Sigma Mean Chart for a Normally Distributed Random Variable
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A 3-Sigma Mean Chart for a Normally Distributed Random Variable

Question 86

Question 86

Short Answer

A 3-sigma mean chart for a normally distributed random variable shows that one mean lies out of the control limits.What is the probability that this observation is a result of random chance?

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