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Eston Martz

I’m not a “math” person, but I've overcome fear of statistics and acquired a real passion for it. And if I can learn to understand and apply statistics, so can you. 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 control.    So if... Continue Reading
My colleague Cody Steele wrote a post that illustrated how the same set of data can appear to support two contradictory positions. He showed how changing the scale of a graph that displays mean and median household income over time drastically alters the way it can be interpreted, even though there's no change in the data being presented. When we analyze data, we need to present the results in... Continue Reading

MINITAB INSIGHTS CONFERENCE 2017

Chicago, IL | 11-12 September, 2017

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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
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
Have you ever wanted to know the odds of something happening, or not happening?  It's the kind of question that students are frequently asked to calculate by hand in introductory statistics classes, and going through that exercise is a good way to become familiar with the mathematical formulas the underlie probability (and hence, all of statistics).  But let's be honest: when class is over, most... Continue Reading
In the first part of this series, we saw how conflicting opinions about a subjective factor can create business problems. In part 2, we used Minitab's Assistant feature to set up an attribute agreement analysis study that will provide a better understanding of where and when such disagreements occur.  We asked four loan application reviewers to reject or approve 30  selected applications, two... Continue Reading
Previously, I discussed how business problems arise when people have conflicting opinions about a subjective factor, such as whether something is the right color or not, or whether a job applicant is qualified for a position. The key to resolving such honest disagreements and handling future decisions more consistently is a statistical tool called attribute agreement analysis. In this post, we'll... Continue Reading
People frequently have different opinions. Usually that's fine—if everybody thought the same way, life would be pretty boring—but many business decisions are based on opinion. And when different people in an organization reach different conclusions about the same business situation, problems follow.  Inconsistency and poor quality result when people being asked to make yes / no, pass / fail, and... Continue Reading
Did you ever get a pair of jeans or a shirt that you liked, but didn't quite fit you perfectly? That happened to me a few months ago. The jeans looked good, and they were very well made, but it took a while before I was comfortable wearing them. I much prefer it when I can get a pair with a perfect fit, that feel like I was born in them, with no period of "adjustment."  So which pair do you think I... Continue Reading
The language of statistics is a funny thing, but there usually isn't much to laugh at in the consequences that can follow when misunderstandings occur between statisticians and non-statisticians. We see these consequences frequently in the media, when new studies—that usually contradict previous ones—are breathlessly related, as if their findings were incontrovertible facts. Similar, though less... Continue Reading
The line plot is an incredibly agile but frequently overlooked tool in the quest to better understand your processes. In any process, whether it's baking a cake or processing loan forms, many factors have the potential to affect the outcome. Changing the source of raw materials could affect the strength of plywood a factory produces. Similarly, one method of gluing this plywood might be better... Continue Reading
A member of Minitab's LinkedIn group asked how to create a chart to monitor change by month, specifically comparing last year's data to this year's data. My last post showed how to do this using an Individuals Chart of the differences between this year's and last year's data.  Here's another approach suggested by a participant in the group.  Applying Statistical Thinking An individuals chart of the... Continue Reading
Minitab's LinkedIn group is a good place to ask questions and get input from people with experience analyzing data and doing statistics in a wide array of professions. For example, one member asked this question: I am trying to create a chart that can monitor change by month. I have [last year's] data and want to compare it to [this year's] data...what chart should I use, and can I auto-update it?... Continue Reading
Pareto charts are a special type of bar chart you can use to prioritize almost anything. This makes them very useful in making sound decisions. For example, if you have several possible quality improvement projects, but not enough time or people to do them all now, you can use a Pareto chart to identify which projects have the most potential for making meaningful improvement. Pareto charts look... Continue Reading
If your work involves quality improvement, you've at least heard of Design of Experiments (DOE). You probably know it's the most efficient way to optimize and improve your process. But many of us find DOE intimidating, especially if it's not a tool we use often. How do you select an appropriate design, and ensure you've got the right number of factors and levels? And after you've gathered your... Continue Reading
Every day, thousands of people withdraw extra cash for daily expenses. Each transaction may be small, but the total amount of cash dispersed over hundreds or thousands of daily transactions can be very high. But every bank branch has a fixed cash flow, which must be set without knowing what each customer will need on a given day. This creates a challenge for financial entities. Customers expect... Continue Reading
A reader asked a great question in response to a post I wrote about Pareto charts. Our readers typically do ask great questions, but this one turned out to be more difficult to answer than it first seemed. My correspondent wrote:  My understanding is that when you have count data, a bar chart is the way to go. The gaps between the bars emphasize that the data are not measured on a continuous scale.... Continue Reading
We hosted our first-ever Minitab Insights conference in September, and if you were among the attendees, you already know the caliber of the speakers and the value of the information they shared. Experts from a wide range of industries offered a lot of great lessons about how they use data analysis to improve business practices and solve a variety of problems. I blogged earlier about five key... Continue Reading
I watched an old motorcycle flick from the 1960s the other night, and I was struck by the bikers' slang. They had a language all their own. Just like statisticians, whose manner of speaking often confounds those who aren't hep to the lingo of data analysis. It got me thinking...what if there were an all-statistician biker gang? Call them the Nulls Angels. Imagine them in their colors, tearing... Continue Reading
If you were among the 300 people who attended the first-ever Minitab Insights conference in September, you already know how powerful it was. Attendees learned how practitioners from a wide range of industries use data analysis to address a variety of problems, find solutions, and improve business practices. In the coming weeks and months, we will share more of the great insights and guidance shared... Continue Reading