Explain the difference between an x-bar chart and a R-chart

What will be an ideal response?

X-bar charts are used to monitor central tendency with respect to a variable of a process where the R-chart monitors the variability of the process variable.

Business

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Many firms today continue to use the payback method but also employ the NPV or IRR methods,

especially when large projects are being analyzed. Indicate whether the statement is true or false

Business

Getting a firm's IT back into operation is ________

A) IT disaster recovery B) business continuity recovery C) response D) None of the above

Business