While Excel is useful for many applications, it is an indispensable tool for those managing statistics. Two common terms used in statistics are Standard Deviation and ...

The extent to which products meet specifications needs to be systematically monitored in a production process. Product quality will typically be defined by two quantities: deviations from stated ...

The empirical rule describes how points are clustered in a normally-distributed data set. It states that 95% of data fall ...

When you have the average production of three machines, it is easy to calculate the average or mean production. You just add ...