Lesson 4-1 Key Terms POE

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Last updated: April 6, 2023

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First submitted	April 4, 2023
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Hint	Answer
Arithmetic average	Mean
An activity with observable results	Experiment
The calculated likelihood that a given event will occur	Probability
The probability of an event occurring based upon other event probabilities	Bayes' Theorem
Degree of conformity of a measure to a standard value	Accuracy
A set of all possible outcomes or event in an experiment that cannot be further broken down	Sample Space
Values that possess names or labels	Qualitative Data
Middle value of a set of values arranged in order of magnitude	Median
Listing of data values along with their corresponding frequencies	Frequency Distribution
The difference between the maximum and minimum dimensions allowed within the design of a product	Tolerance
Numbers or information describing some characteristic	Data
Measure of variation equal to the sum of the deviations of each value from the mean	Mean Deviation
The square root of the variance	Standard Deviation
The result of an experiment	Outcome
Values that represent a measurable quantity	Quantitative Data
The probability of satisfactory operation of the product in a given environment over a specified time interval	Reliability
Frequency distribution graph	Histogram
The difference between the samples	Variance
Bell-shaped probability distribution	Normal Distribution
Measure of data scatter	Data variation
To monitor and control a process so that the quality of the output/product improves	Process Control
A subset of a sample space	Event
Amount of difference between a value and the mean	Deviation
Categorical data graph	Bar Chart
Value that occurs most frequently	Mode
Categorical data graph %	Pie Chart
The collection, evaluation, and interpretation of data	Statistics
The use of quality control techniques associated with a process	Quality Assurance
A method of monitoring, controlling, and ideally improving a process through statistical analysis. Its four basic steps include measuring the process, eliminating variances in the process to make it more consistent, monitoring the process, and improving the process to its best target value	Statistical Process Control