Predicting Success: A Comprehensive Guide to Trend Analysis Tools
Oct 21, 2024 · Key Points Trend analysis is a method of using data to spot patterns for the sake of forecasting future events. There are many tools to conduct trend analysis. Given the proliferation of …
Understanding the Formula and Benefits of Cycle Time
Jan 28, 2025 · The customer just called again, wondering if the item they ordered will be on time. Will it? Do your company’s processes make it possible to be on time per the customer’s needs? To know …
Exploring Box Plots: The Key to Comparing and Analyzing Data Sets
Sep 6, 2023 · A box plot is constructed of two parts, a box and a set of whiskers. The lowest point is the minimum value of the data set and the highest point is the maximum value of the data set. The box is …
Making Informed Decisions: The Power of Measurement System …
Feb 8, 2025 · What is an MSA? Learn how to accurately measure everything in your processes to guarantee customer satisfaction.
Tips for Interpreting Discrete Data: Understanding Category Variables ...
Oct 23, 2024 · How do you interpret discrete data? Learn some tips and tricks on how to quantify categorical data points when conducting your analysis.
Standardized Residuals: Insights into Calculations, Interpretations ...
Jan 27, 2025 · What are standardized residuals? Get the nitty gritty on how to calculate, interpret, and use standardized residuals from your data.
Margin of Error and Confidence Levels Made Simple - iSixSigma
Oct 7, 2024 · Do you understand how to interpret the margin of error and confidence levels in your data? Get to grips with this short and easy guide.
The Power of Special Cause Variation: Learning from Process Changes
Feb 8, 2025 · What is special cause variation? Learn how to leverage this handy tool and glean useful data from your process changes.
SCOT Analysis: Gain Insights for Your Organization - iSixSigma
Oct 19, 2024 · What is a SCOT analysis? Find out how this analytical technique takes a closer look at your company's strength and current standing.
Analyzing Experiments with Ordered Categorical Data
Feb 26, 2010 · Six Sigma projects often deal with experiments whose outcomes are ordered categorical data, rather than continuous. It is important to know the right analysis methods for these cases, such …