Bimodal Distribution In statistics, Bimodal Distributions have two peaks that also create a curve. In the context of a continuous probability distribution, modes are peaks that create curves in the distribution. What Causes Bimodal Distributions in statistics?...
The binomial random variable is simply the probability that a survey or experiment will succeed or fail multiple times. Binomials are a type distribution with two possible outcomes (the bi prefix means two or more). A coin toss...
Fault Tree Analysis (FTA) is a systematic, top-down method for analyzing the potential causes of system failures or accidents. It starts with a single undesirable event, known as the “top event,” and works downwards to identify all possible causes. This...
Lean 5S Visual Management Training The Lean 5S training tool is a formal method to create and maintain an efficient and visible workplace. It uses 5 steps that start with the letter “S”. The operators can work safely and efficiently by implementing all...
What is a Value Stream Map? Six Sigma’s Value Stream Map is a lean tool that uses a flowchart to document each step. Value Stream Map symbols and benefits are a valuable tool for lean practitioners in order to reduce waste and increase cycle times. VSM is a...