In today’s fast-paced business environment, organisations must make informed decisions based on a solid foundation of relevant data. One of the most significant aspects of […]
If you’re a project manager or just managing a project, then one crucial document should be part of your toolkit: the Project Charter. A project […]
Idea Summary: PPM (Parts Per Million) PPM, or Parts per million, is a common metric used in Lean Six Sigma to measure and analyze […]
Idea Summary: Bias and Precision Measurement error is an important factor to consider in any type of research study, as it can significantly affect […]
Idea Summary: Priortisation Matrix A priortisation matrix is a powerful tool that can be used to quickly and effectively assign priority levels to tasks, […]
Idea Summary: Probability Distribution A probability plot is a powerful tool for data analysis that provides visual representation of the underlying probability distribution of […]
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What is Sigma in Six Sigma? 6σ Sigma is a statistical term that measures the standard deviation of a process. (σ) In Lean Six Sigma, […]
P-values are a statistical measure that tells you whether the results of your experiment are significant enough to reject the null hypothesis. The null hypothesis […]
Statistical Process Control Charts Control Charts are a key tool used in the Six Sigma methodology. They help you measure and track process performance, […]
The Mood’s Median test is a hypothesis test used to determine if there is a significant difference between two or more independent groups. This test […]
A lean six sigma initiative is only as good as the data that supports it. A minimum sample size of 30 to 50 is required […]