Monday, March 22, 2010

More Six Sigma One-liners

More six-sigma one-liners for the statistically inclined...

When unsure about what to do with the data, use simpler data.

When unsure about what to do with the data, use a giant flowchart.

When unsure about what to do with the data, test it to destruction.

When unsure about what to do with the data, formulate a good hypothesis.
Have plan B ready: formulate an alternate hypothesis, too.
If you are too confident (an alpha person), prepare for errors.

Less than 95% is underconfident.

Hal Varian quote - If you torture the data long enough, it will reveal whatever you want it to show.

Quote from my friend Suri: When unsure about data, get more data till every one is as unsure of it as you are!

Q: If Z is 1.96, what's the risk?
A: Arre beta, it's alpha.

Examples and causes -- ex and why variables.

Why are some variables called 'x' variables?
They are called 'x's' because there is an excess of them....

Equality is a null hypothesis.
Hmm, so is the alternative one-up-manship?

Fault Tree: The sacrificial plant deep in the forest, that takes all the blame.
TIM WOOD knows all about it...

Lean six-sigma: Will soon be 4.5 sigma due to prolonged dieting.

Lean six-sigma (sing to the right tune): what you want, where you want, when you want and how you want it...

Takt time: diplomatically finish things in due time.

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