Regression Analysis
Regression analysis is a statistical method that attempts to find relationships within a data set.
Regression analysis is a statistical method that attempts to find relationships within a data set.
Simulation modeling is a dynamic tool that models the behavior of a process over a period of time. It can show how random variation affects intricate, time-based events and resources.
Statistical process control (SPC) involves the creation of control charts that are used to evaluate how processes change over time. Control charts use historical data to evaluate whether current data indicate process variation is in control (consistent) or out of control (unpredictable).
A multi-vari chart shows both several sources of variation in addition to the most significant contributors to total variation.