Evans, J. R. (2013). Statistics, data analysis, and decision modeling (5th ed.). Upper Saddle River, NJ: Prentice Hall.

 

 

Question 1

Summarize statistical methods used in forecasting and the types of time series to which they are most appropriate.

 

Question 2

Summarize some of the practical issues in using forecasting tools and approaches.

 

Question 3

Describe the steps involved in applying statistical process control.

 

Question 4

List the principal rules for examining a control chart to determine if the process is in control.

 

Question 5

What is process capability? How is it measured?

Solution

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