Predicting Success: A Comprehensive Guide to Trend Analysis Tools
Oct 21, 2024 · Key Points Trend analysis is a method of using data to spot patterns for the sake of forecasting future events. There are many tools to conduct trend analysis. Given the …
Categorical vs. Continuous Data: What’s the Difference?
Jan 26, 2025 · Categorical vs. continuous data are fundamental distinctions you need to make during the analysis process. Our guide covers how to use both.
Preparing to Measure Process Work with a Time Study - iSixSigma
Feb 1, 2025 · How do you measure process work at your organization? You might want to incorporate a time study, as detailed in this in-depth guide.
Understanding Systems Thinking: A Guide to the Key Concepts …
Apr 10, 2023 · Systems thinking is a management approach that views a system as a set of linkages and interactions between the components which make up the entire defined system.
What You Need to Know About the Theory of Constraints
Apr 15, 2023 · The theory of constraints (TOC) is an effective methodology in the field of lean business management that focuses on specific limitations facing businesses. Centering …
Analytical Modeling: Turning Complex Data into Simple Solutions
Nov 7, 2024 · Analytical modeling is a mathematical approach to business analysis that uses complex calculations that often involve numerous variables and factors.
SCOT Analysis: Gain Insights for Your Organization - iSixSigma
Oct 19, 2024 · What is a SCOT analysis? Find out how this analytical technique takes a closer look at your company's strength and current standing.
Analyzing Experiments with Ordered Categorical Data
Feb 26, 2010 · Six Sigma projects often deal with experiments whose outcomes are ordered categorical data, rather than continuous. It is important to know the right analysis methods for …
Help for Practitioners Trying to Understand ANOVA Table
Feb 26, 2010 · Using the analysis of variance (ANOVA) procedure for a Six Sigma project requires assessing results from an ANOVA table, which is not always straightforward. There is …
Cause-and-Effect Diagrams: A Visual Tool for Root Cause Analysis
Oct 26, 2024 · What is a cause-and-effect diagram? Learn how this handy tool can help with your process improvement projects.