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Ratios: Abuses and Misuses!
Special note: We are responding to reader requests concerning the development of a solid foundation for understanding, in very practical terms, statistical analysis. Many people suffer from acute statistical trauma. We are introducing a continuing series of articles that, we hope, provides readers with the basics required for proper usage of statistical tools and methods. The first four "back....more |
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Author: From the Desk of the Executive Editor Tags: ratios | methodologies statistical analysis and tools | statistical analysis |
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Preface To Performance Measurement: Understanding Ratios
Special note: We are responding to reader requests concerning the development of a solid foundation for understanding, in very practical terms, statistical analysis. Many people suffer from acute statistical trauma. We are introducing a continuing series of articles that, we hope, provides readers with the basics required for proper usage of statistical tools and methods. The first four "bac....more |
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Author: From the Desk of the Executive Editor Tags: six sigma | ratios | methodologies statistical analysis and tools |
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Averaging Ratios And The Perils Of Aggregation
Special note: We are responding to reader requests concerning the development of a solid foundation for understanding, in very practical terms, statistical analysis. Many people suffer from acute statistical trauma. We are introducing a continuing series of articles that, we hope, provides readers with the basics required for proper usage of statistical tools and methods. The first four "bac....more |
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Author: From the Desk of the Executive Editor Tags: ratios | methodologies statistical analysis and tools | statistics |
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Pocket Stats: Quick Significance Tests You Can Remember
The ability to make the right decision quickly is essential in business. When decisions involve interpreting data, it is tempting to go with “gut feel” rather than wait for a statistician or a computer analysis. But what if you could quickly decide whether your data represents a significant effect, and state your confidence level, with no computer and almost no math? What if you could apply thes....more |
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Author: Andy Sleeper Tags: Andy Sleeper | pocket stats tools | pocket stats |
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The Legend of Motorola: Embracing the Next Generation of Process Improvement
In the 1980s, Motorola made waves in the business world with the development of its process improvement strategy Six Sigma. Today Six Sigma and Lean Six Sigma are widely-upheld methodologies and tools used to reduce variation in a business process by using a statistical process control to measure variance and standard deviation. Tina Huesing, Director of Six Sigma at Motorola, speaks with Six Sigma IQ to....more |
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Author: Tina Huesing Tags: Six Sigma | Lean Six Sigma | Six Sigma Process Improvement |
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A Painless Look at Using Statistical Techniques to Find the Root Cause of a Problem
Special note: We are responding to reader requests concerning the development of a solid foundation for understanding, in very practical terms, statistical analysis. Many people suffer from acute statistical trauma. We are introducing a continuing series of articles that, we hope, provides readers with the basics required for proper usage of statistical tools and methods. The first four "back....more |
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Author: From the Desk of the Executive Editor Tags: quality improvement efforts | Lean Six Sigma | homogeneity |
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Introducing Six Sigma iQ: Powered by e-BIM
From the EditorLean Six Sigma has been front-page business news for well over a decade—and never more so than today. Every organization is now faced with economic realities that have slowly—and now suddenly—taken the world by storm.In times of high stress, many in the management world seek solace in metaphors. We hear of "sea changes" and "tightening our belts."Perhaps ....more |
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Author: G. Edward Tags: Lean Six Sigma | management | Warren Buffett |
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Improving Pricing Quality with Six Sigma Methods
While Six Sigma methods have been used by manufacturing firms to implement quality initiatives in many areas, they have not generally been applied to pricing processes. Drawing on one company’s experience, author Navdeep S. Sodhi shows how this Six Sigma method can be accomplished. Improving Pricing Quality with Six Sigma MethodsQuality in pricing has become increasingly important in many industries a....more |
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Author: Navdeep Sodhi Tags: quality initiatives | manufacturing firms | Six Sigma DMAIC |
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The Mythological Transactional Business Process Design of Experiments
This is part one of a series of articles on how to apply conjoint analysis to a transactional business process management. Part one deals with Delphi’s application of a screening conjoint Design of Experiments. Over the last two years, Delphi’s Master Black Belt community developed Six Sigma Transactional Black Belt training materials in an effort to improve its business processes. The M....more |
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Author: Kris Stark and Henry Sanftleben Tags: Design of Experiments | change management | Kris Stark |
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