What is meant by bounded adjustment

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(a) What is meant by "bounded adjustment"?

(b) When would bounded adjustment be useful?

(c) What is meant by the "average adjustment interval" (AAIY?

(d) Suppose you had a time series of process data. How could you empirically obtain a table showing the percent change in the standard deviation for various values of the AAI?

Reference no: EM131832376

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