The Conclusion

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Transcript

Hello everyone, welcome to the final lecture of this training. In this lecture we will summarize what you have studied so far. You began with an understanding of display descriptive statistics. Here you learned how to use Minitab to display a number of descriptive statistics, including mean, median, mode, standard deviation, where I ns quantiles, and a bunch of other stats. You then learned how to create a graphical summary. A graphical summary included four different graphs histogram of data with an overlaid normal curve boxplot 95% confidence intervals for mean and for the median.

The graphical summary also displayed a table of Anderson darling normality test. Descriptive Statistics confidence in intervals for Mean, Median and the standard deviation. Looking at these numbers, you could easily gauge the performance of the data. The next thing you learned was to create a rank chart on Minitab. It helped you identify if the data is unstable due to the presence of special causes. A rank chart is a line graph with the center line as the median.

It showed the P values of clustering, mixtures, trends and oscillations. If P value for any of these factors was less than 0.05, the data was unstable. The next two tools that you learned to create on Minitab were bar charts and pie charts, a bar chart to count values from a table and plotted them as bars. A bar chart provided a good pictorial view summarizing the given data. Similarly pie chart displayed the proportion of each data category relative to the whole data set. You then learned how to create a Pareto chart on Minitab.

A Pareto chart is based on the 8020 principle. It indicated that 80% of the problems are due to 20% causes. In a Pareto chart the horizontal axis represents categories of interest. The categories are often defects. by ordering the bars from largest to smallest. A Pareto chart can help you determine which of the capture defects comprise the vital few and which are the trivial many.

A cumulative percentage line helped you judge the added contribution of each category. A Pareto chart can help to focus improvement efforts on areas where the largest gains can be made. You then learn How to create the cause and effect diagram on Minitab. The cause and effect diagram is also called as the fishbone diagram, you learned that Minitab can create a fishbone diagram not only at sub bones level, but it can also further detail the root causes at sub sub bone level. The next topic you learned was how to create a scatter diagram on Minitab. A scatter diagram or scatter plot is a powerful visual tool used to display relationships or associations between two variables, cause and effect and so on.

While plotting the scatter diagram, the independent variable corresponds to the x axis or horizontal axis with the dependent variable on the y axis or vertical axis. The plot pattern identifies whether there is any positive or negative effect correlation, or no correlation. The next tool that you studied was a histogram. a histogram looks like a bar chart. The height of each bar is equal to the frequency of occurrence of data. The histogram represents a visual display of the data, in which one mean more easily see three properties, shape, location, or central tendency, and spread.

Finally, the last tool that you studied was how to create a boxplot on Minitab. The box plot is a graphical display that simultaneously displays several important features of the data, such as its central tendency, where I ability, departure from symmetry and identification of observations that lie unusually far from the bulk of the data. That brings us to the end of this discourse. You have been an amazing audience, you have not only got introduced to Minitab, but you are also now a specialist of some of the most in demand Minitab tools you should celebrate. There are various forms of celebration, I would go out for a lunch or dinner, maybe watch another Marvel or DC Superhero Movie playing in my nearest cinema hall. Or, I would suggest, share your selfie with a quote.

I'm a Minitab beginner specialist. Share it on the queue in a discussion board to announce that you have successfully completed this course. This will not only share your joy, of course completion and achieving this feat, but also encourage others to complete their journey. I would be happy as well as the trainer. But before you go, please also do Share your star rating and feedback. Your ratings will help other potential students to join this course.

And it will encourage me to continue my work on building more such courses for the last time, thank you for attending. See you in the next course.

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