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41 results for "Statistics Article"

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  • A Make-Believe World of Random Failure Rates

    The effect of assuming exponential distribution for ‘ease of analysis’ What if all failures occurred truly randomly? Well, for one thing the math would be easier. The exponential distribution would be the only time to fai...

    Tags: Operations Article, Six Sigma Article, Statistics Article, Quality Insider Article, Twitter Ed

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  • How to Determine ROI on Your Healthcare Data Analytics System

    First, establish a baseline data set at system implementation The healthcare industry is in a state of constant change, and with change comes opportunity. With the passage of the Affordable Care Act (ACA) and the Medicare Access and CHI...

    Tags: Health Care Article, Management Article, Statistics Article, Quality Insider Article, Twitter Ed

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  • Process Capability: What It Is and How It Helps, Part 1

    Is it all about computing statistics?     In my August 2015 article, “Process Capability: How Many Data?” I discussed whether 30 data were the “right” number in an analysis of process capability. In this four-part series, the focus is on understandin...

    Tags: Management Article, Operations Article, Statistics Article, Quality Insider Article, Twitter Ed

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  • Process Capability: What It Is and How It Helps, Part 2

    Seeing the data differently     In part one of this four-part series, we considered the basics of process capability, as witnessed through the learning curve of Alan in his quest to determine the product characteristics of the powder, Product 874. We pick up with Alan here ...

    Tags: Management Article, Operations Article, Statistics Article, Quality Insider Article, Twitter Ed

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  • Process Capability: What It Is and How It Helps, Part 3

    There’s more to it than Cp and Cpk numbers     Part two of this four-part series on process capability concluded with Alan just about to meet Sarah for a second time. He thought he was making good progress with his analysis of Product 874 data until he was asked to as...

    Tags: Management Article, Operations Article, Statistics Article, Quality Insider Article, Twitter Ed

    Created

  • Five Powerful Insights From Noted Quality Leaders

    Minitab Insights conference gathered problem solvers from diverse industries     If you were among the 300 people who attended the first-ever Minitab Insights conference last month, you already know how powerful it was. Attendees learned how practitioners from a wide r...

    Tags: Management Article, Statistics Article, Quality Insider Article, Twitter Ed

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  • Don’t Let Ineffective Quality Management Drag You Down

    Take these first three steps toward an EQMS solution Having difficulty managing quality and quality-related data? You’re not alone. Many manufacturers struggle with this these issues due to paper-based or other disparate systems b...

    Tags: Management Article, Operations Article, Statistics Article, Quality Insider Article, Twitter Ed

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  • A Data-Driven Guide to Becoming a Better Boss

    A good boss shares a vision, teaches well, and helps employees meet their career goals Most leadership advice is based on anecdotal observation and basic common sense. Stanford Graduate School of Business professor Kathryn Shaw tried a ...

    Tags: Management Article, Operations Article, Statistics Article, Quality Insider Article, Twitter Ed

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  • How to Determine the Worst Case for a Process

    Have confidence in the confidence interval How do you determine the “worst case” scenario for a process? Is it by assuming the worst case for each process task or step? No. The reason is that the probability of every step ha...

    Tags: Operations Article, Six Sigma Article, Statistics Article, Quality Insider Article, Twitter Ed

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  • A Make-Believe World of Random Failure Rates

    The effect of assuming exponential distribution for ‘ease of analysis’ What if all failures occurred truly randomly? Well, for one thing the math would be easier. The exponential distribution would be the only time to fai...

    Tags: Operations Article, Six Sigma Article, Statistics Article, Quality Insider Article, Twitter Ed

    Last updated

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