Which of the following is the best interpretation of the run chart below based on Rule 3? Hint: There are 24 data points, and two of them fall directly on the median.

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12-12-2022
Mathematics

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Which of the following is the best interpretation of the run chart below based on Rule 3? Hint: There are 24 data points, and two of them fall directly on the median.

Answer :

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Tutorconsortium423 Tutorconsortium423 · Answer 1 · 2022-12-18T00:31:36-05:00

Therefore , the best interpretation of the run chart based on Rule 3 is There are too few runs for the pattern to appear random.

What is run chart ?

A graph showing observed data over time is called a run chart, often known as a run-sequence plot. A lot of times, the data shown represents a particular aspect of the output or performance of a manufacturing process or another type of business process. Thus, it is a type of line chart.

Here,

Explanation: An overlaid line graph of data points is known as a run chart. Run charts can be used to spot trends and forecast performance in the future.

Thus,

Too few runs have been made for the pattern to seem arbitrary.

therefore , the best interpretation of the run chart based on Rule 3 is There are too few runs for the pattern to appear random.

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