![]() ![]() In this section, I will show you how to apply the so called "80/20 Rule" in remarkably expedient and innovative ways. Pareto Analysis: Most people do not realize the power of the Pareto Distribution. Not only do I explain these concepts "on paper", but I'll take you into Excel and show you how to QUICKLY calculate the statistics you need. In this section, I explain fundamental concepts that you will use throughout this course and your career including Measures of Central Tendency, Measures of Dispersion and the different types and scales of data. This course is divided into 4 major sections:īasic Statistical Concepts: Don't worry if you've never studied statistics or are a novice using Excel. Statistical Process Control (SPC) Using Microsoft Excel is the one course you need to learn how to harness, analyze and report your manufacturing process data in a way that drives improvement within your organization. Wills, funeral planning & inheritance tax.Calculator: lifetime mortgage repayments.
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