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Understanding standard deviation means first understanding variance because standard deviation, mathematically speaking, is the square root of variance.
When you are working with subgrouped data, it can be helpful to accompany a cusum chart for means with a Shewhart s chart for monitoring the variability of the process. This example creates this ...
Standard deviations are important here because the shape of a normal curve is determined by its mean and standard deviation. The mean tells you where the middle, highest part of the curve should go.
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