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5 More Critical Six Sigma Tools: A Quick Guide

The Six Sigma quality improvement methodology has lasted for decades because it gets results. Companies in every country around the world, and in every industry, have used this logical, step-by-step...

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What's the Difference between Confidence, Prediction, and Tolerance Intervals?

In statistics, as in life, absolute certainty is rare. That's why statisticians often can't provide a result that is as specific as we might like; instead, they provide the results of an analysis as a...

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Controls Charts Are Good for So Much More than SPC!

Control charts take data about your process and plot it so you can distinguish between common-cause and special-cause variation. Knowing the difference is important because it permits you to address...

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The Easiest Way to Do Multiple Regression Analysis

Maybe you're just getting started with analyzing data. Maybe you're reasonably knowledgeable about statistics, but it's been a long time since you did a particular analysis and you feel a little bit...

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How to Avoid Overfitting Your Regression Model

Overfitting a model is a real problem you need to beware of when performing regression analysis. An overfit model result in misleading regression coefficients, p-values, and R-squared statistics....

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