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Explain What Is Kpi, Design Of Experiments And 80/20 Rule?

Answer»

KPI: It stands for Key Performance Indicator, it is a metric that CONSISTS of any combination of spreadsheets, reports or charts about business process

Design of experiments: It is the initial process used to split your DATA, sample and SET up of a data for statistical analysis

80/20 rules: It means that 80 percent of your income comes from 20 percent of your clients.

KPI: It stands for Key Performance Indicator, it is a metric that consists of any combination of spreadsheets, reports or charts about business process

Design of experiments: It is the initial process used to split your data, sample and set up of a data for statistical analysis

80/20 rules: It means that 80 percent of your income comes from 20 percent of your clients.



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