In the case of known m and s, what control limits arenecessary for the probability of a single point being outsidethe limits for an in-control process to be .005?

Statistics 201 9/06/16 Dispersion spread Info about location (avg or median) Range difference between max and min Range=maxmin Positive/right skew mean is pulled to the right, and is larger than the median Negative/left skew mean is pulled to the left, and is smaller than the median Symmetric/bell shaped mean is approximately the same as median IQR= Q Q3 1 is not effected by extreme values b/c os ca;culated using values that lie close to the center of the data set. IQR is not used in inferential statistics but are useful as descriptive statist