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What is the difference between a point estimate and an interval estimate? What is the purpose of the Improve Phase of Lean Six Sigma? Describe

  1. What is the difference between a point estimate and an interval estimate?
  2. What is the purpose of the Improve Phase of Lean Six Sigma?
  3. Describe an example that illustrates why 5S is an integral part of all Lean tools.

Subject: Quality Improvement in Project Management

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