Question: a. What is a control chart? b. Explain how control charts help you perform the five basic activities of statistics. c. What hypotheses are being

a. What is a control chart?
b. Explain how control charts help you perform the five basic activities of statistics.
c. What hypotheses are being tested when you use control charts?
d. What is the false alarm rate? Is it conventional to set it at 5%?

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