Understanding Central Tendency: Mean, Median, Mode, and Standard Deviation

Introduction Central tendency is a vital concept in statistics that helps us grasp the essence of a dataset by identifying a single value that represents the entire distribution. In this blog, we’ll delve into the fundamentals of central tendency, exploring measures such as mean, median, mode, and standard deviation, along with their merits, demerits, and […]

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Data Types

There are two main types of data: qualitative (categorical) and quantitative (numerical). Within these broad categories, there are subtypes that provide more specific information about the nature of the data. Qualitative Data (Categorical Data): Quantitative Data (Numerical Data): Further Classifications for Quantitative Data:

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Kaizen

Kaizen is a Japanese term that translates to “change for better” or “continuous improvement.” It is a philosophy, approach, and set of practices that focus on making small, incremental improvements in processes, products, or services over time. Kaizen is often associated with the Toyota Production System and Lean manufacturing but has been adopted and applied

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5S Implementation

5S is a workplace organization and visual management methodology that originated in Japan. It is often used as a foundational tool within Lean manufacturing and Lean management principles, aiming to improve efficiency, safety, and overall productivity by organizing and maintaining a clean and orderly work environment. The term “5S” is derived from five Japanese words,

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What is Lean Six Sigma

Lean Six Sigma is a methodology and set of tools and techniques that combine two well-known process improvement approaches: Lean and Six Sigma. Both Lean and Six Sigma aim to improve business processes and reduce defects or errors, but they do so from slightly different perspectives and with different methodologies. When combined, they create a

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