Greenbelt Chapter 19: Correlation & Regression Flashcards
Correlation
correlation and regression are statistical concepts that help 6S teams understand whether 2 factors within a process are related.
The Correlation Coefficient
positive correlation,
negative correlation,
no correlation
Calculating Correlation Coefficient in Excel: 2 Methods
1.) Sum of Squares Method =correl (array 1, array 2) R value x>0.4 R value x
Linear Regression Analysis
Once you know that your data has a linear correlation, you can conduct further analysis through regression testing.
*Regression Analysis-
helps you predict how one variable affects another variable
Using Correlation and Regression in Six Sigma
continuous and regression analysis work best w/ continuous or ratio data.
Both fxns require a y=f(x) functional relationship between variables.