Abstract: This paper describes development and testing of the Precision Sample Metering and Distribution System (PSMDS), an automated system for crushing, sieving, metering, and distributing of ...
People often have their decisions influenced by rare outcomes, such as buying a lottery and believing they will win, or not buying a product because of a few negative reviews. Previous research has ...
Abstract: Sequential inspection is a technique employed to monitor product quality during the production process. For smaller batch sizes, the Acceptable Quality Limit (AQL) inspection theory is ...
What Is the Central Limit Theorem? The Central Limit Theorem (CLT) states that if you sample a data population enough times, then the means and standard deviations of the samples will approach a ...
Perform and analyze the result of an A/B test to determine if a new version of a website page outperforms an old version.
2 Department of Statistics, Central Michigan University, Mt. Pleasant, USA Copyright © 2020 by author(s) and Scientific Research Publishing Inc. This work is ...
Analysis of mock A/B Test Results by an e-commerce company. Application of probability, hypothesis testing, sampling distribution, two-sample z-test, and logistic regression to determining whether the ...