Regression Modeling and Quality Control/Management

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Regression Modeling and Quality Control/Management

Discussion Questions: Minimum 60 words per question

  • How regression modeling can be used to understand the association between two variables.
  • Focus on intuition rather than formulas to arrive at the regression model.
  • How simple regression modeling can be extended to understand the relationship among several variables.
  • Focus on intuition rather than formulas to arrive at the regression model.
  • See how the Quality Management and Deming’s 14 points can lead to improved TQM.
  • Understand the charts and interpretation.
  • Based on Chapter 18 of the textbook (Black, 2017), what quality control tools can be effectively used in your personal or professional life? Please explain.
  • Give an example of when you had to determine the strength of a relationship between two variables. How can knowing the relationship of two variables be helpful in your workplace?

Refer to Chapter 12 to assist you in responding to this scenario.

Book Reference:

Black, K. (2017). Business statistics: For contemporary decision making (9th ed.). Hoboken, NJ: Wiley & Sons, Inc.