The mode is the number which appears most frequently in a set of numbers. For a finite data set, as in a sample of measurements, the mode would be the number that appears the greatest number of times. In a distribution curve, the mode is the number that corresponds to Read more…
The median is the point at which there are the same number of values above it as there are below it. This can apply to a sample, a full population, or distribution curve. When the data consists of a finite set (rather than a distribution curve), if there is an Read more…
Special cause variation is one of the two main categories of variation. Common cause, the other type, is the consistent, recurring fluctuation within a system, sometimes referred to as “noise”. Special cause variation, in layman’s terms, are the spikes that are caused by problems outside of those that regularly affect Read more…
“SMART” is a commonly used mnemonic device that helps you set effective goals. SMART stands for… Specific Measurable Attainable Relevant Timely Detailed Explanation of SMART Goals Specific: Goals should be well-defined and unambiguous. The person or group the goal is assigned to should also be specified. Measurable: There has to Read more…