A PRACTITIONER'S GUIDE TO BUSINESS ANALYTICS: Using Data Analysis Tools to Improve Your Organization’s Decision Making and Strategy

9

Statistical Review—Act V

“Inspect what you expect.”¹

—W. Edwards Deming

“You gotta make decisions, you gotta keep making decisions even if they are wrong decisions.... If you don’t make decisions, you’re stuffed.”

—Joe Simpson²

“I think the essence of the scientific method is the willingness to admit you are wrong, the willingness to abandon ideas that don’t work.”

—Carl Sagan

Statistical Review is a powerful tool for assisting a corporation in progressing to the next level. This book focuses upon using analytics for decision making. We will discuss applying Statistical Review in the context of checking the process involved in making an ...