Which of the parameters are chosen wisely in the case of EWMA charts to get a desired ARL?
Which of the parameters are chosen wisely in the case of EWMA charts to get a desired ARL? Correct Answer Both, L and λ
We know that in the parameters used for constructing EWMA charts, only L and λ are the design parameters. So we choose them wisely to obtain desired ARL.
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Feb 20, 2025