Why We Use Statistics
Speaker: Fred Schenkelberg
You may fondly, or most likely not fondly, your undergraduate course on probability and statistics. The calculations of various winning hands with card games was interesting and connected to the early ‘invention’ of probability and statistical methods, yet the jar with colored beads was rather boring.
From drive time to upload speeds, from production output per hour to defects per unit, we are surrounded by things and processes that vary. With most things, there is many factors at play contributing to variations. It is those variations and the means to discuss them in a meaningful way that is the essence of statistics.
Let’s explore the many ways we use, or should use, statistics in our engineering role. From gathering data to presenting, from analyzing to comparing, we have a wide range of tools available that ‘probably’ (pun intended) will have a ‘significant’ (did it again) impact on your ability to make a difference with what you do.
This Accendo Reliability webinar was originally broadcast on 8 February 2022.
The audio track is now an Accendo Reliability Webinar Series podcast episode. View the episode show notes to listen or subscribe to the podcast.
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