Benefiting from a censored data statistical model should be part of analyses at both the business management system and lean Six Sigma process improvement project as well.
Benefiting from a Censored Data Statistical Model
Do you or have you encountered data that are overly rounded or has a known data recording error? If you answered “Yes” to the previous question above, the PDF article below is for you!
The article below offers a few methods to deal with data that is overly rounded or has a known data recording error, analyzing such data using “Censored Data Analysis.”
A many a practitioners have encountered these functions in Minitab and have probably used the distribution ID function at times.
Read and learn how each are intended to be used, how each can be used in a non-traditional way to recover seeming useless data and real-life examples and proved data sets. VIEW NOW, and add Censored Data Analysis to your tool box!
Censored data statistical model techniques apply at both steps number 3 and 7 in the 9-step Integrated Enterprise Excellence (IEE) business management system.