In parts 1 and 2 of “Game Planning With Science!” I covered the basics of process management and capacity charts. Now, in Part 3, I’m going to step away from direct operations management to discuss some basic concepts of statistics. Riveting, I know. But also essential if you want to be able to forecast accurately and confidently. There will be some heavy lifting in this post, but hang in there. A better understanding of statistics will change the way you see and treat your own data. It will also make you a more informed consumer of the information the rest of the world vomits at you every day.
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