The Central Limit Theorem (CLT) is a fundamental concept in statistics that states that the sampling distribution of the mean of a random sample, regardless of the shape of the population distribution
Read More
Measures of central tendency are statistical measures that describe the typical or central value of a dataset. The three commonly used measures of central tendency are the mean, median, and mode. Let’s explore each of them with examples: In statistics, there are four commonly recognized scales of measurement: nominal, ordinal, interval, and ratio. These scales represent different levels of measurement and determine the types of statistical analyses that can be performed on the data. Let’s explore each scale with examples: Scale of measurement Properties Examples Nominal – Data is classified…
Read More
Quality Function Deployment (QFD) is a structured approach used in product development and design to ensure that customer needs and requirements are effectively translated into specific design and engineering parameters. QFD helps organizations align their products or services with customer expectations and preferences, thereby increasing customer satisfaction. The House of Quality is a central tool used in QFD. It is a matrix that visually represents the relationships between customer requirements and the technical features or characteristics of a product or service. The House of Quality is so named because of…
Read More
What is a Pugh Matrix? and How to Use it ?
Read More
PDCA (Plan Do Check Act) Cycle
Read More
What is 8D? Eight Steps of the 8D Problem solving Methodology .
Read More
Lean identifies 8 deadly types of wastes which can be remembered as acronym “DOWNTIME” which are first letter of each of these 8 waste:
Read More
Sampling is a statistical technique that allows statistician, researchers to infer about a population based on results generated from Sample
Read More
DMAIC Six sigma is the process improvement methodology which stands for Define, Measure, Analyze, Improve and Control)
Read More
Statistics come from word “Statista” which is an Italian word which means any statement It came in to picture somewhere in 1660.
Read More