As we collect more and more observational data from our processes, we might need new tools to provide meaningful insights. You can add modern-day machine learning techniques alongside traditional statistical tools to analyze, improve and control your processes. Let's take a look at an example that starts with binary logistic regression and ends with Classification and Regression Trees (CART®).
Continue Reading...Confidence intervals show the range of values we can be fairly, well, confident, that our true value lies in, and they are very important to any quality practitioner. I could be 95% confident the volume of a can of soup will be 390-410 ml. I could be 99% confident under 2% of the products in my batch are defective.
Continue Reading...Our vacation planning has begun. My daughter has requested a trip to Disney World as her high school graduation present. For most people, trip planning might mean a simple phone call to the local travel agent or an even simpler do-it-yourself online booking.
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