Table of contentsWhat are Data Distributions?8 Types of Data DistributionsRelated Articles Estimated reading time: 3 minutes What are Data Distributions? Data distribution refers to how data values are spread or distributed across different values or ranges in a...
The Machine Capability Index (Cmk) is a critical metric in manufacturing. It measures a machine’s short-term ability to produce items within specified tolerances. The metric helps manufacturers ensure their machinery is operating efficiently and producing...
Table of contentsWhat is a Causal Loop Diagram?The Purpose of CLDWhat are they used for?Related Articles Estimated reading time: 3 minutes What is a Causal Loop Diagram? A causal loop diagram (CLD) is a visual representation used in system dynamics—a field within...
In statistics, the Z-value, or Z-score, is a powerful tool that allows us to measure how far a particular data point is from the mean of a distribution. It does this by expressing the difference between a data point and the mean in terms of standard deviations. In...