Category: Concepts
Practical Application of Contingency Tables in Industry
Updated:If you suspected there was a relationship between your customer’s experience with your product and their future buying tendency, how would you go about confirming whether a relationship existed or not?
Read more »The Core Values and Concepts of the Malcolm Baldrige National Quality Award
Updated:Don’t you feel really good when someone recognizes your achievements? The Malcolm Baldrige National Quality Award is intended to recognize those US organizations that have achieved excellence in quality management.
Read more »The Benefits of Passion for Action in the Workplace
Updated:Having employees that want to go above and beyond, endorse your organization, and trust in its leadership is not an impossible feat. It just requires developing a passion for action.
Read more »Find Opportunities for Improvement with Lean Level of Buffering
Updated:Businesses that buffer often struggle to balance operational stability with lean management. Lean level of buffering is a combination of the two philosophies.
Read more »Breaking Down Complex Subjects: The Value of Interrelationship Digraphs
Updated:No, that is not a spelling error. A digraph is a bit different than a standard diagram in that it is a diagram that puts an emphasis on direction.
Read more »The Importance of Clear Goals and Objectives in Design for Six Sigma (DFSS)
Updated:Designing an effective and efficient plan to develop new products or services is a complex challenge that requires thorough planning. Applying the methodology of DFSS allows businesses to see improvement in products or services that normally would have been missed in other design strategies.
Read more »The Business Value of Correction: Why It Pays to Get It Right
Updated:Correction is a critical part of any lean six sigma program. It involves fixing problems once a firm identifies a good or process that does not meet minimum quality standards.
Read more »Project Charters: What to Include and Why
Updated:If you are embarking on a project for your organization, it is time to put together a charter.
Read more »Why Business Impact Analysis Should Be a Priority
Updated:What would happen if a new competitor suddenly enters the market? Can your company survive if a key supplier fails you? Get answers to the “what ifs” of business with an impact analysis.
Read more »Affinity Diagrams: Your Ultimate Tool for Data Organization
Updated:Sometimes there are too many ideas coming at you at once. When this is the case, instead of succumbing to the chaos, grab a stack of Post-it notes and create an affinity diagram.
Read more »The Benefits of Using Overall Equipment Effectiveness in Your Manufacturing Process
Updated:Would it be useful to have a simple metric for measuring how well your manufacturing process is working? That is exactly what Overall Equipment Effectiveness (OEE) is all about. Let’s learn a little more about OEE.
Read more »Why Descriptive Statistics Matter in Data-Driven Decision Making
Updated:Despite the type of data your process generates, there are typically three descriptors or characteristics you would want to know to properly describe your process. Let’s learn what those descriptive statistics are.
Read more »How the Central Limit Theorem Can Be Used with Different Distributions
Updated:It is not practical to calculate the statistical parameters of your population by measuring everything. The Central Limit Theorem will help you use samples to get to your answer.
Read more »Expert Tips and Tricks for Using a T Test in Your Statistical Analysis
Updated:How can you tell whether the average of your two sample data sets are statistically different and not just due to random chance? The T test is what you would want to use to answer the question.
Read more »How to Interpret Prediction Bands in Regression Analysis
Updated:The concept of a prediction band is usually associated with regression analysis. We will also contrast a prediction band with a confidence band.
Read more »Exploring the Meaning of a Linear Relationship
Updated:What kind of relationship do your X and Y variables have? Is it linear? Is it non-linear? Let’s learn more about how it can be determined graphically and statistically.
Read more »Comparing Population Medians with the Mann-Whitney Test
Updated:You have two sets of data and want to test whether the means of the populations they came from are the same but the data is not normally distributed. What can you do? Let’s find out.
Read more »How to Use a CUSUM Chart for Process Improvement
Updated:A control chart is used to identify and alert you when your process has unexpectedly shifted. Traditional Shewhart charts are good for moderate to large shifts but not for small shifts. The CUSUM (Cumulative Sum) is better for identifying small shifts. Let’s see how.
Read more »Choosing Common Units: Best Practices for Business Communication
Updated:Without having a defined way to measure the amount of something, the world would be chaotic. Thankfully, we have units and ways to quantify and measure them.
Read more »A Closer Look at the Factors that Influence Type II Errors
Updated:Errors are common when testing a statistical hypothesis. They can be difficult to avoid and by taking to preventive measures to protect yourself from one kind, you open yourself to the likelihood of another.
Read more »What You Need to Know About the Theory of Constraints
Updated:Limitations define life. Businesses face this reality every day in many different ways. That’s why leaders need to learn how to manage, overcome and capitalize on these constraints.
Read more »The Power of Sub-Groups in Decision-Making
Updated:Being able to divide a sample into smaller groupings can be a vital tool for understanding what is happening in your processes.
Read more »The Advantages of Quantifiers: Making Complex Ideas More Compact
Updated:In everything from everyday language to mathematical logic problems, we often need a way to express just how much or how often something occurs or exists, in order for a statement to be clear or make sense.
Read more »What Is Population Sampling and Why Is It Important?
Updated:When sampling, it is important to avoid bias, a lack of precision, and a lack of reproducibility. Having an understanding of population and how they work can help you avoid this.
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