A Box-Cox Power Transformation allows you to transform data to match a normal distribution. It is not a guarantee of normality. It is a quick way of transforming data to better fit a control chart.

Control charts have two general uses in an improvement project. Undeniably, the most common application is as a tool to ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

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 ...

Control charts have been widely used for monitoring production processes and identifying assignable causes of variability. Many papers investigate the application of control charts in different ...