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statistical design value

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  • Design of experiments — In general usage, design of experiments (DOE) or experimental design is the design of any information gathering exercises where variation is present, whether under the full control of the experimenter or not. However, in statistics, these terms… …   Wikipedia

  • Statistical process control — (SPC) is an effective method of monitoring a process through the use of control charts. Control charts enable the use of objective criteria for distinguishing background variation from events of significance based on statistical techniques. Much… …   Wikipedia

  • Design for Six Sigma — (DFSS) is a separate and emerging business process management methodology related to traditional Six Sigma. While the tools and order used in Six Sigma require a process to be in place and functioning, DFSS has the objective of determining the… …   Wikipedia

  • Statistical literacy — is a term used to describe an individual s or group s ability to understand statistics. Statistical literacy is necessary for citizens to understand material presented in publications such as newspapers, television, the internet. Numeracy is a… …   Wikipedia

  • Statistical hypothesis testing — This article is about frequentist hypothesis testing which is taught in introductory statistics. For Bayesian hypothesis testing, see Bayesian inference. A statistical hypothesis test is a method of making decisions using data, whether from a… …   Wikipedia

  • Statistical inference — In statistics, statistical inference is the process of drawing conclusions from data that are subject to random variation, for example, observational errors or sampling variation.[1] More substantially, the terms statistical inference,… …   Wikipedia

  • Statistical arbitrage — In the world of finance and investments statistical arbitrage is used in two related but distinct ways:* In academic literature, statistical arbitrage is opposed to (deterministic) arbitrage. In deterministic arbitrage a sure profit can be… …   Wikipedia

  • Statistical dispersion — In statistics, statistical dispersion (also called statistical variability or variation) is variability or spread in a variable or a probability distribution. Common examples of measures of statistical dispersion are the variance, standard… …   Wikipedia

  • Statistical static timing analysis — Conventional static timing analysis (STA) has been a stock analysis algorithm for the design of digital circuits over the last 30 years. However, in recent years the increased variation in semiconductor devices and interconnect has introduced a… …   Wikipedia

  • Design for X — Under the label Design for X, a wide collection of specific design guidelines are summarized. Each design guideline addresses a particular issue that is caused by, or affects the characteristics of a product. The design guidelines themselves… …   Wikipedia

  • Optimal design — This article is about the topic in the design of experiments. For the topic in optimal control theory, see shape optimization. Gustav Elfving developed the optimal design of experiments, and so minimized surveyors need for theodolite measurements …   Wikipedia

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