Predicting the Next Stock Market ‘Flash Crash’
Soon after the Great Recession, the U.S. stock markets plunged—and rebounded within 36 minutes.
Soon after the Great Recession, the U.S. stock markets plunged—and rebounded within 36 minutes.
In everyday language, “in control” and “under control” are synonymous with “in specification.” Requirements have been met. Things are OK. No trouble.
During the early 1980s, GM, Ford, and Chrysler established the Automotive Industry Action Group (AIAG), a not-for-profit organization with the mission “To improve its members’ competitiveness through a cooperative effort of North American vehicle manufacturers and th
Recently, I’ve had a sad, increasing sense of déjà vu. Twitter has become even more vacuous, and LinkedIn has quickly devolved into a business version of Facebook.
When I first learned quality improvement back in 1989 at Florida Power and Light, the consultants who trained us taught a very specific way to draw a Pareto chart.
Current business conversation often focuses on data and big data. Data are the raw information from which statistics are created and provide an interpretation and summary of data.
Anthony Chirico1 describes how narrow-limit gauging (NLG, aka compressed limit plans) can reduce enormously the required sample size, and therefore the inspection cost, of a traditional attribute sampling plan.
Now, if you’re familiar with either statistics or J.R.R. Tolkien, I know the title grabbed your attention.
Last month we provided an operational definition of when measurement systems are equivalent in terms of bias.
© 2026 Quality Digest. Copyright on content held by Quality Digest or by individual authors. Contact Quality Digest for reprint information.
“Quality Digest" is a trademark owned by Quality Circle Institute Inc.