by Christopher Jackson Leave a Comment

SOR 573 What do We Have Confidence In?

What do We Have Confidence In?

Abstract

Chris and Fred discuss what it means to have confidence in something. Confidence can mean all things to all people. How confident are you as a person? How confident are you in someone else? What confidence do you have in a conclusion? Statisticians and reliability engineers need to talk to each other where the term confidence has a clearly defined and fixed meaning. But does it? How confident are you in the results of a test? How confident are you in a test that has 75 data points versus one that has 70? How confident will your boss be in you when you present the outcomes of these tests? Have these tests shaken YOUR confidence? Best you listen to this podcast.
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by Christopher Jackson Leave a Comment

SOR 471 Questions to Ask about Data Analysis

Questions to Ask about Data Analysis

Abstract

Chris and Fred discuss data analysis … specifically the first question we ask before we help someone with their data analysis project. Chris always asks – what is the decision that this data analysis will support? And Fred always asks – where did this data come from? The reason these questions are important is that you need to know what information you need before you construct an analysis to get that information. And you need to be confident in the results. A single data set can potentially create multiple information sets. And this depends on how you construct the analysis. Which based on the decision. Listen to this podcast if you would like to learn more.
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