Exponential Distribution: How a Poor Memory Helps to Model Failure Data
Reliability Analysis
| 3 Minute Read
When modelling failure data for reliability analysis, the exponential distribution retains no record of the previous failure of an item. This special characteristic makes the distribution extremely useful for modelling the behavior of items that have a constant failure rate.
When Will I Ever See This Statistics Software Again?
Six Sigma
| 3 Minute Read
When Will I Ever See This Statistics Software Again?
Proving My Toddler Really Doesn’t Know her Left Foot from her Right
Hypothesis Testing
| 2 Minute Read
Proving My Toddler Really Doesn’t Know her Left Foot from her Right
Chaos at the Kentucky Derby? Bet on It!
Statistics
| 4 Minute Read
Chaos at the Kentucky Derby? Bet on It!
Not All P Values are Created Equal
Hypothesis Testing
| 5 Minute Read
Not All P Values are Created Equal
Selecting the Right Quality Improvement Project
Quality Improvement
| 4 Minute Read
Selecting the Right Quality Improvement Project
“Hello, How Can I Help You?”- A Look at Quality Improvement in Financial Services
Banking and Finance
| 4 Minute Read
“Hello, How Can I Help You?”- A Look at Quality Improvement in Financial Services