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 …

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 …

Feb 8, 2025 · What is special cause variation? Learn how to leverage this handy tool and glean useful data from your process changes.

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.

May 2, 2023 · The famed statistician, Dr. W. Edwards Deming, frequently talked about data and said, “Without data, you’re just another person with an opinion.” Let’s learn some more about data. Data …

Feb 8, 2025 · What is an MSA? Learn how to accurately measure everything in your processes to guarantee customer satisfaction.

Jan 27, 2025 · What are standardized residuals? Get the nitty gritty on how to calculate, interpret, and use standardized residuals from your data.

Nov 7, 2024 · Analytical modeling is a mathematical approach to business analysis that uses complex calculations that often involve numerous variables and factors.

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.

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 …