As someone who has collected and analyzed real data for a
living, the idea of using simulated data for a Monte Carlo
simulation sounds a bit odd. How can you improve a real product
with simulated data? In this post, I’ll help you understand the
methods behind Monte Carlo simulation and walk you through a
simulation example using Companion by Minitab.
Companion by Minitab is a software platform that... Continue Reading
shopping. For some, it's the most dreaded household activity. For
others, it's fun, or perhaps just a “necessary evil.”
Personally, I enjoy it! My co-worker, Ginger, a content manager
here at Minitab, opened my eyes to something that made me love
grocery shopping even more: she shared the data behind her family’s
shopping trips. Being something of a data nerd, I really geeked out
over the... Continue Reading
you regularly perform regression analysis, you know that
R2 is a statistic used to evaluate the fit of your
model. You may even know the standard definition of R2:
the percentage of variation in the response that is explained
by the model.
Fair enough. With Minitab Statistical Software doing all the heavy
lifting to calculate your R2 values, that may be all you
ever need to know.
But if you’re... Continue Reading
Everyone who analyzes data regularly has the experience of
getting a worksheet that just isn't ready to use. Previously I
wrote about tools you can use to
clean up and eliminate clutter in your data and
reorganize your data.
In this post, I'm going to
highlight tools that help you get the most out of messy data by
altering its characteristics.
Know Your Options
Many problems with data don't become... Continue Reading
In Part 1 of this blog series, I
compared Six Sigma to a diamond because both are valuable, have
many facets and have withstood the test of time. I also explained
how the term “Six Sigma” can be used to summarize a variety of
concepts, including philosophy, tools, methodology, or metrics. In
this post, I’ll explain short/long-term variation and
between/within-subgroup variation and how they help... Continue Reading
You've collected a bunch of
data. It wasn't easy, but you did it. Yep, there it is, right
there...just look at all those numbers, right there in neat columns
and rows. Congratulations.
I hate to ask...but what are you
going to do with your data?
If you're not sure precisely
what to do with the data you've got, graphing it is a
great way to get some valuable insight and direction. And a good
graph to... Continue Reading
In my last post, I wrote about
making a cluttered data set easier to work with by removing
unneeded columns entirely, and by displaying just those columns you
want to work with now. But
too much unneeded data isn't always the problem.
What can you do when someone
gives you data that isn't organized the way you need it to be?
That happens for a variety of
reasons, but most often it's because the... Continue Reading
n' begorrah, it's St. Patrick's Day today!
The day that we Americans lay claim to our Irish heritage by
doing all sorts of things that Irish people never do. Like dye your
hair green. Or tell everyone what percentage Irish you are.
Despite my given name, I'm only about 15% Irish. So my Irish
portion weighs about 25 pounds. It could be the portion that hangs
over my belt due to excess potatoes... Continue Reading
In its industry guidance to companies that manufacture drugs and
biological products for people and animals,
the Food and Drug Administration (FDA) recommends three stages for
Process Qualification, and Continued Process Verification. In
this post, we we will focus on that third stage.
Stage 3: Continued Process Verification
Per the FDA guidelines, the goal of... Continue Reading
People can make mistakes when they test a hypothesis with
statistical analysis. Specifically, they can make either Type I or
Type II errors.
As you analyze your own data and test hypotheses, understanding
the difference between Type I and Type II errors is extremely
important, because there's a risk of making each type of error in
every analysis, and the amount of risk is in your
if... Continue Reading
Welcome to the Hypothesis Test Casino! The featured game of the
house is roulette. But this is no ordinary game of
roulette. This is p-value roulette!
Here’s how it works: We have two roulette wheels, the Null wheel
and the Alternative wheel. Each wheel has 20 slots (instead of the
usual 37 or 38). You get to bet on one slot.
What happens if the ball lands in the slot you bet on? Well,
that depends... Continue Reading
many, my introduction to 17th-century French philosophy came at the
tender age of 3+. For that is when I discovered the
Etch-a-Sketch®, an entertaining ode to Descartes' coordinate plane.
Little did I know that the seemingly idle hours I spent doodling
on my Etch-a-Sketch would prove to be excellent training for the
feat that I attempt today: plotting an Empirical Cumulative
Distribution... Continue Reading
A recent discussion on the Minitab
Network on LinkedIn pertained to the I-MR chart. In the
course of the conversation, a couple of people referred to it as
"The Swiss Army Knife of control charts," and that's a pretty great
description. You might be able to find more specific tools for
specific applications, but in many cases, the I-MR chart gets the
job done quite adequately.
When you're... Continue Reading
now I’m enjoying my daily dose of morning joe. As the steam rises
off the cup, the dark rich liquid triggers a powerful enzyme
cascade that jump-starts my brain and central nervous system,
delivering potent glints of perspicacity into the dark crevices of
my still-dormant consciousness.
Feels good, yeah! But is it good for me? Let’s see what the
Drinking more than 4 cups of coffee... Continue Reading
Statistics can be challenging, especially if you're not
analyzing data and interpreting the results every day. Statistical
software makes things easier by handling the arduous
mathematical work involved in statistics. But ultimately, we're
responsible for correctly interpreting and communicating what the
results of our analyses show.
The p-value is probably the most frequently cited
statistic. We... Continue Reading
To make objective
decisions about the processes that are critical to your
organization, you often need to examine categorical data. You may
know how to use a t-test or ANOVA when you’re comparing measurement
data (like weight, length, revenue, and so on), but do you know how to compare
attribute or counts data? It easy to do with statistical software
One person may look at
this bar... Continue Reading
by Rehman Khan, guest blogger
There are many articles giving
Minitab tips already, so to be different I have done
mine in the style of my books, which use example-based learning. All
ten tips are shown using a single example.
If you don’t already know these 10 tips you will get much more
benefit if you work along with the example. You don’t need to
download any files to work along—although, if you... Continue Reading
by Matthew Barsalou, guest
The old saying “if it walks like a duck, quacks like a duck and
looks like a duck, then it must be a duck” may be appropriate in
bird watching; however, the same idea can’t be applied when
observing a statistical distribution. The dedicated ornithologist
is often armed with binoculars and a field guide to the local birds
and this should be sufficient. A... Continue Reading
Genichi Taguchi is famous for his pioneering methods of robust
quality engineering. One of the major contributions that he made to
quality improvement methods is Taguchi designs.
Designed experiments were first used by agronomists during
the last century. This method seemed highly theoretical at first,
and was initially restricted to agronomy. Taguchi made the designed
experiment approach more... Continue Reading
In its industry guidance to companies that manufacture drugs and
biological products for people and animals, the Food and Drug
Administration (FDA) recommends three stages for process
my last post covered
statistical tools for the Process Design stage, here we will
focus on the statistical techniques typically utilized for the
second stage, Process Qualification.
Stage 2: Process... Continue Reading
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worldwide have used Minitab to learn statistics than any other package.
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