The Box-Cox transformation is a statistical method that converts non-normal data into a shape that closely resembles a normal distribution. Statisticians George Box and David Cox introduced it in a 1964 paper. Many statistical tools, including hypothesis tests and...
A bimodal distribution is a probability distribution with two distinct peaks, separated by a valley. Each peak is called a mode — the value or range where data points concentrate most densely. When a histogram of process data shows two peaks, it is almost always...
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...
5S is a Lean workplace organization method built around five sequential steps, each named for a Japanese word beginning with the sound “S”: Seiri, Seiton, Seiso, Seiketsu, and Shitsuke. In English, these translate to Sort, Set in Order, Shine, Standardize,...