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 proliferation of …
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 and ...
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 strategy around key …
Fishbone Diagrams: A Powerful Tool for Root Cause Analysis
Feb 10, 2025 · The fishbone diagram is used to drill down and do root cause analysis. Find out how to use this effective tool in your problem-solving.
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 an easy way …
Normal Distribution: Definition, Characteristics, and Benefits
Jan 30, 2025 · How do you best use Normal Distribution? Take a look at how this statistical tool can benefit your organization in our guide.
Understanding the Formula and Benefits of Cycle Time
Jan 28, 2025 · The customer just called again, wondering if the item they ordered will be on time. Will it? Do your company’s processes make it possible to be on time per the customer’s needs? To know …
Transforming Is/Is-Not Analysis into Multi-Benefit Tool
Feb 26, 2010 · The "is/is-not analysis" can be one of the most useful Six Sigma tools for project selection or definition. It can help you narrow scopes, increase your chances for success and …