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In statistical process control (SPC), the ¯ and R chart is a type of scheme, popularly known as control chart, used to monitor the mean and range of a normally distributed variables simultaneously, when samples are collected at regular intervals from a business or industrial process. [1]
The "chart" actually consists of a pair of charts: one, the individuals chart, displays the individual measured values; the other, the moving range chart, displays the difference from one point to the next.
An example of waterfall charts. Here, there are 3 total columns called Main Column1, Middle Column, and End Value. The accumulation of successive two intermediate columns from the first total column (Main Column1) as the initial value results in the 2nd total column (Middle Column), and the rest accumulation results in the last total column (End Value) as the final value.
Delta encoding is a way of storing or transmitting data in the form of differences (deltas) between sequential data rather than complete files; more generally this is known as data differencing. Delta encoding is sometimes called delta compression , particularly where archival histories of changes are required (e.g., in revision control software ).
In some fields of study, the term has more formally defined meanings. [1] [2] [3] Although trend analysis is often used to predict future events, it could be used to estimate uncertain events in the past, such as how many ancient kings probably ruled between two dates, based on data such as the average years which other known kings reigned.
The X-bar chart is always used in conjunction with a variation chart such as the ¯ and R chart or ¯ and s chart. The R-chart shows sample ranges (difference between the largest and the smallest values in the sample), while the s-chart shows the samples' standard deviation. The R-chart was preferred in times when calculations were performed ...
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The distinction between quantitative and categorical variables is important because the two types require different methods of visualization. Two primary types of information displays are tables and graphs. A table contains quantitative data organized into rows and columns with categorical labels. It is primarily used to look up specific values.