Tag Archives: probability

Normality Testing in Minitab

Normality Testing

The Normal Distribution is the commonest and the most useful continuous probability distribution. Many statistical tests require that the distribution is normal or nearly normal. Several tools are available to assess the normality of data including: using a histogram to visually explore the data, producing a normal probability plot, and carrying out an Anderson-Darling normality test. All these tools are easy to use in Minitab statistical software. Read more »»

Probability Distributions in Minitab

Probability Distributions

There are different shapes, models and classifications of probability distributions including the ones discussed in the probability distributions article. It is always a good practice to know the distribution of your data before proceeding with your analysis. Once you find the appropriate model, you can then perform your statistical analysis in the right manner. Minitab can be used to find the appropriate probability distribution of your data. Read more »»

Normal Distribution

Normality Test

Continuous distributions describe variables that take values from a continuous range and can be measured with any degree of accuracy. The commonest and the most useful continuous distribution is the normal distribution. The Normal Distribution is a symmetrical probability distribution where most results are located in the middle and few are spread on both sides. It has the shape of a bell and can entirely be described by its mean and standard deviation. Read more »»

Probability Distributions

Probability Distributions

Most improvement projects and scientific research studies are conducted with sample data rather than with data from an entire population. A Probability Distribution is a way to shape the sample data to make predictions and draw conclusions about an entire population. It refers to the frequency at which some events or experiments occur. It helps finding all the possible values a random variable can take between the minimum and maximum statistically possible values. Read more »»

Risk Analysis

Risk Analysis

Risk Analysis is a process that helps identify and assess potential threats that could affect the success of a business or project. It allows to examine the risks and includes means to measure, mitigate and control them effectively. It is part of the larger process of risk management although risk management can also refer to the process of controlling and monitoring risks. Read more »»

Process Yield Measures

Process Yield Measures

An ideal process must produce without defects and without rework. To expose these unnecessary and costly inefficiencies, you should have appropriate performance metrics to measure process yield, or otherwise, the true process yield might be underestimated. Process yield measures should be able to expose even the smallest inefficiencies in a process, which will enable operations to understand their true process yield in order to set realistic improvement targets.

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