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Seeing All the Scenarios With Monte Carlo Simulation

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Anticipating challenges is always a daunting task for continuous improvement professionals. Unforeseen inefficiencies in process or defects in product development can throw timelines and associated costs into disarray.

Is There an Empirical Rule for Probability Models?

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Last month we looked at what the empirical rule tells us about the data in a histogram. This month we will consider if there are any commonalities between different probability models

Proper Use of a U-Chart

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The Math Behind the Perfect Free Throw

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Some 20 years ago, my colleague Chau Tran and I developed a way to simulate the trajectories of millions of basketballs on the computer.

The Empirical Rule

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Your ‘Swiss Army Knife’ of Control Charts

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Putting Statistics Into Forensic Firearms Identification

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Is That Last Digit <em>Really</em> Significant?

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Millions, Billions, Trillions: How to Make Sense of Numbers in the News

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Honest Precision-to-Tolerance Ratios

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Pagination

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