Genichi Taguchi contributed several important concepts to the field of quality including the Taguchi Loss Function and Taguchi Robust design.
Total Quality Management (TQM) is a management style that involves a high level of quality and a focus on customer expectations.
A p-value is expressed as a number between 0 and 1. It is used to determine if hypothesis test results are statistically significant or not.
There are two basic types of errors that can occur in hypothesis testing: “Type A or 1 Error” and “Type B or 2 Error.”
When we test a hypothesis, there is a list of hypothesis testing terminology we can use to describe the results. Let’s take a look.