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What is a Scatter Plot?

What is a Scatter Plot?

A scatter plot, or scatter diagram, is a type of graph used to display the relationship between two quantitative variables. Each individual data point is represented by a dot on the graph, where the horizontal (X) axis represents one variable and the vertical (Y) axis...
Brainstorming 101: Process of Generating Breakthrough Ideas

Brainstorming 101: Process of Generating Breakthrough Ideas

Brainstorming is a collaborative method designed to foster creativity within a group by encouraging open and uninhibited idea-sharing. During brainstorming, participants propose ideas freely without fear of criticism. This method helps teams think outside the box,...
Benchmarking Explained: How to Set Standards?

Benchmarking Explained: How to Set Standards?

Benchmarking is a strategic tool that organizations use to improve their performance by learning from the best practices of others. It involves comparing specific aspects of a company’s processes, products, or services against industry leaders or top performers in...
What Are The 8 Wastes of Lean?

What Are The 8 Wastes of Lean?

Table of contentsWhat are the 8 Wastes of LEAN Manufacturing?The 8 Wastes of LEANHow to Identify The 8 WastesRelated Articles What are the 8 Wastes of LEAN Manufacturing? LEAN thinking is a way to eliminate waste from work processes. It is important to first...
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