Skip to main content

Statistical Quality Control

 Statistical Quality Control 


Statistical quality control (S. Q. C.) is a branch of Statistics it deals with the application of statistical methods to control and improve that quality of product. In this use statistical methods of sampling and test of significance to monitoring and controlling than quality of product during the production process. 

The most important word in statistical Quality control is quality 

The quality of product is the most important property while purchasing that product the product fulfill or meets the requirements and required specification we say it have good quality or quality product other wise not quality.

Quality Control is the powerful technique to diagnosis the lack of quality in material, process of production. 


Causes of variation:  

When the product are produced in large scale there are variation in the size or composition the variation is inherent and inevitable in the quality of product these variation are classified into two causes. 

1) chance causes and 2)assignable causes.


1) Chance causes : some stable pattern of variation is inherent in manufacturing process and anybody can not be control this type of variation ,this variation has no reason can be assigned, it has random nature these cause of variation or type of variation are known as chance causes or chance variation. The variation due to chance causes is beyond the control of human and it can not be eliminated  in any circumstances. For that to allow variation within this suitable pattern. This pattern is termed as allowable variation. This type of variation is tolerable and it does not affects the quality of process. And the range of tolerable variation is known as tolerance limit of process. 

2) Assignable causes: sometime the product shows the variation in process due to causes that are other than chance causes and they are non-random is known as assignable causes. This causes are responsible for the variation in the process such as low quality raw material, faulty equipment and improper handling of machine etc. Also this type of causes of variation are identified immediately so it is also called variation due to identifiable causes. This assignable causes can be eliminated taking necessary action. 


Methods of inspection.:- 

The quality of product can be checked or measured by inspection of product. There are two methods of inspection. 1) 100% inspection and 2) sample inspection

100% inspection is not applicable method when the product are produced in large scale. Sometime the cost of inspection is may be exceed than cost of production. The items under inspection are destroyed that case 100% inspection is useless. For that situation we inspecting sample and it selected from population with sufficiently large and randomly selected. They give reasonable reliable conclusion about the population. Also sample inspection method is appropriate when production is in large scale. Or production process is continuous. 


Statistical quality control :

The main purpose of SQC is to use some statistical methods to identify and separate the chance and assignable causes of variation so taking appropriate actions to eliminating assignable causes and maintaining the quality of product. A production process is said to be in statistical control. Of the process contain only chance causes and assignable causes are absent. 


The SQC method are used in two different situations. 

1) Controlling the quality during manufacturing process

2) Controlling quality of product              


1) Product control : SQC method are useful while purchasing the raw material for the production they are used to inspecting raw material using sampling technique. If the inspection of all lot or whole lot of product is neither possible. That situation the sampling inspection is practicable way to testing the quality of product and sample is randomly selected it sufficiently large size. If the sample shows that the variation are within tolerance limit then the lot is accepted. And sample show the variation beyond the limit of the. We reject the lot. This limits are setting using the statistical level of significance. 

2) Process control : in the production process a number of factor’s  such as quality of raw material design of product, specification of product, etc. are responsible to quality of product. If any factor is wrong the quality of product is decreases. Using the sample regularly in time interval. The lies in limit the process  is in control. And if the beyond the limit the process is out of control. 


Control Charts:

The control chart is a graph in which the result of sample inspected are plotted time to time, using the control chart we monitoring the production process and say whether the process is in control or out of control. The control chart was firstly developed by Walter A. Shewhart. these chart gives the warning if the process is out of control.

A typical control chart consist of the following three horizontal lines:

i) Central line : (C.L) Indicates the expected value of product i.e. length or it is indicates the desired standard level of process.

ii)Upper Central Line: (U.C.L.) this line lying  above the central line & it indicate upper tolerance limit.

iii) Lower Central Line: (L.C.L)  this line lying the below the central line & it indicate the lower tolerance limit.

this is the control chart in which we see how to draw the lines.

In the control chart the U.C.L and L.C.L are draw as dotted line. 

the sample are selected randomly & inspecting time to time and this result are plotted on graph using this control limit plot control chart. if the all the points lies in the control limits we say the process is in control other wise it is out of control.  but the point goes out of control limit it is indicates that the product falls their standard & warning to identify the assignable causes they are enter in process. 

Types of control charts :

there are two types of control chart: i. control chart for variable and ii. control chart for attributes.

firstly we see the control chart for variable: The characteristics which can be measured is called variable. for example the length, etc, are called variate. for this we are interested in controlling the average or mean and range of the variable. this type of control chart for mean and range are constructed in control chart for variable. 

Control Chart for Mean   ( i.e. x- bar) and R. 

This type of control charts are used when the characteristics is measurable and controlling the mean and range of the variable. the mean chart or  (i.e. X-bar) chart used to control the values of average of variable, and R chart used to control the range of variable. for inspection sample are drawn regular interval and measurement take place. such sample is known as sub-group sample or rational sub-group. the sub-group of size is generally taken as 5 -4. 

for constructing control chart first we find out the control limits for   R- chart and Mean   (i.e. X-bar ) chart.

1. control limits for range charts (i.e. R- Charts) 

   i. firstly we calculate the R (range ) for each sub-group. 

    ii. then we find the average range OR   (i.e. R- bar) for all sub- group.

     iii. control limits are

        U.C.L = D4 (average of Range) =  D4 (R-bar) = D4

        Central line =R-bar OR 

        L.C.L = D R - bar = D

2.Control limits for the Mean chart or   (i.e.X-bar ) chart is 

 i. firstly we calculate the  x̄ (i.e X-bar) for each sub-group. 

ii. then final mean  X̿ (i.e. X-double Bar) of all Sub-group.

 iii. control limits are

U.C.L =  X̿  A2 

C.L.= X̿  

L.C.L = X̿  A2 

Where the A2 ,D3 ,  Dare the constant values depending on the size of the sub- group.

Example 1 .  The following data gives the 10 sample of size 5 as 

Sample No.

1

2

3

4

5

6

7

8

9

10

Mean x̄

350

348

459

687

458

785

145

254

265

297

Range R

78

124

158

268

254

245

154

189

87

99

Draw the control chart for   and for the above data. given that the values A= 0.58 ,D= 0 and 

  D=2.11 


Solution : for Drawing the control chart firstly we calculate the control limit for both charts as

Mean ( )  of sample is given then we calculate X̿  as average of   and average of range  R̄  


Sample No.

1

2

3

4

5

6

7

8

9

10

Total

Mean x̄

350

348

459

687

458

785

145

254

265

297

4048

Range R

78

124

158

268

254

245

154

189

87

99

1656

X̿  = sum of       / sample size 

X̿  = 4048 /10

X̿ = 404.8

the average of range is  R̄ calculated as 

 R̄ = sum of range / sample size 

 R̄ = 1656 /10

 R̄ = 165.6

Control limits for R chart are 

  U.C.L = D4 (R-bar) = D4R̄ = 2.11 X 165.6 = 349.42 

        Central line =R-bar = R̄ = 165.6 

        L.C.L = D R - bar = DR̄ = 0 X  165.6 = 0

the R  chart is 

control chart for R 

And the    chart is 
Control chart for 


Control Chart for Attributes: 

When the characteristics can not be measurable is called attribute, but it can be classified into  different classes defective or non-defective items etc. in SQC the attribution refers to the process characteristics can be classified into defective or non- defective, good or bad, etc. the control chart of attribute is used to monitoring the quality of process that produce the defective or non-defective items. they are also known as attribute control chart or control chart for discrete data. there are several types of control charts for attribute, P-chart, NP- chart and C -chart.

we see one by one chart types.

P-chart:

control chart for Fraction Defective ( P-chart).

A P chart is also called the a proportion chart. P-chart is used to monitoring the proportion of defective and non-defective items in a sample. we are interested in controlling the proportion of  defective items in lot or sample. we use chart is known as P-chart. P-chart Plot the proportion of defective item (fraction defectives)  against the sample number. it is based on the binomial distribution, and if the sample size is large it has approximately normal distribution. 

for constructing the P-chart the follow following procedure:

i) Firstly we finding the proportion of defective items in a each sample, and it is calculated as 

p = (Number of defective items ) / (number of items are inspected)  for each sample we finding the proportion of defectives and p is also known as fraction defective it is proportion of defective items, e.g. the sample of 100 items are selected and out of them 5 are defectives then the fraction defectives is 5/100= 0.05=5%

ii) then we finding the average of proportion as 

p̄ = (total number of defective items )/ total number of items inspected   for all sample we finding the proportion of defectives 

iii) Control Limits :

Central Line : C.L.=  p̄
Upper central Line =  p̄ + 3 {square root of  [(p̄q̄)/n]}    where  q̄= 1- p̄
Lower central Line =  p̄ - 3 {square root of  [(p̄q̄)/n]}
the control limits are based on the average proportion of defectives and standard deviation of the proportion. this limits are based on the distribution of proportion of defective is binomial is binomial distribution.
this control limits are helps to identify the when the process is in control and when it is out of control. the P-chart is useful when the outcomes are binary as good or bad, defective or non-defective, pass or fail etc. 

Example 1. following table shows the number of defectives and fraction defectives for 10 lot of 100 items in each lot are given, check the process is in control or out of control using P-chart. 

Lot No.

1

2

3

4

5

6

7

8

9

10

No. Of defectives

7

8

6

10

12

5

4

3

15

1

Fraction Defectives

0.07

0.08

0.06

0.1

0.12

0.05

0.04

0.03

0.15

0.01

 Solution: here the fraction defective are given so we direct calculate the p̄ 

average of proportion as 

p̄ = (total number of defective items )/ total number of items inspected   

here total number of defectives are = 7+8+6+10+12+5+4+3+15+1 = 71

and total number of inspected items are =  10  x 100 = 1000  {10 lost and each lot have 100 items}

p̄ = 71 / 1000 = 0.071

and we known q̄= 1- p̄ = 1-0.071 = 0.929 

Control Limit = p̄ = 0.071

Upper central Line =  p̄ + 3 {square root of  [(p̄q̄)/n]}  = 0.071 + 3 x [√((0.071*0.929)/100)]  = 0.1480

Lower central Line =  p̄ - 3 {square root of  [(p̄q̄)/n]} = 0.071 - 3 x [√((0.071*0.929)/100(]  =  -0.0061 

here the negative value of lower central line is meaning less. is consider as zero i.e. 0







P-chart

since all the point are lies inside the control limits then the process is in control.


 

Control chart for Number of defectives (NP-chart) 

If we are interested in controlling the number of defectives in production process the we use chart is known as NP- chart

The np-chart it is also known as the number of nonconforming or defectives chart is statistical control chart used to monitor the proportion of nonconforming ( defectives) items or event  in a process, this np-chart is particularly useful when the data is in the form of counts or discrete data. 

There is small change in procedure of P-chart in P-chart we interested in proportion of defective and in NP-chart we are interested in number of defective on process. The NP-chart is more useful chart  than P-chart. 

The NP-chart obtained as plotting the number of defective against the sample number. 

Procedure for NP- chart is :- 

Step I :- firstly we finding the p̄ as 

   p̄ = ( total number of defective)/ (total number of item inspected) 

    

 Step II:-    For NP-chart the control limits are:-

 Central line (C.L) = np̄

 Upper Central Line ( U.C L) =  np̄ +  3 {square root of  [p̄q̄n]}

 Lower Central Line (L.C.L) = np̄ -   3 {square root of  [p̄q̄n]}

 And where q̄ = 1- p̄

 

 This is very simple type of chart to draw they containing only average number of defectives and for graph we plot number of defective against the sample number. And if the one of the plotted point is go above or below to the control limits then the process is out of control other wise in control.

Example of np- Chart:

Example 1. Construct the np- chart for the following data. in this data each sample containing 100 items

Sample No.

1

2

3

4

5

6

7

8

9

10

No. of Defectives

1412794271211

9

Solution: we constructing the np- chart Firstly calculating the   

 total number of defective = 14+7+12+9+4+2+7+12+11+9 = 87

total number of item inspected = 10*100 = 1000  because 10 samples and each sample have 100 items

   p̄ = ( total number of defective)/ (total number of item inspected) 

  p̄ = 87 / 1000

   = 0.087

where q̄ = 1- p̄  = 1-0.087 = 0.913

   Now we obtaining the Control Limits  

 Central line (C.L) = np̄  = 100 x 0.087  = 8.7

 Upper Central Line ( U.C L) =  np̄ +  3 {square root of  [p̄q̄n]} =  np̄ +  3 √ (p̄q̄n)

 U.C L = np̄ +  3 √ (p̄q̄n)  = 8.7 + 3 x √(0.087 x 0.913 )   = 17.1504

 Lower Central Line (L.C.L) = np̄ -   3 {square root of  [p̄q̄n]} =  np̄ -  3 √ (p̄q̄n)

L.C.L =  np̄ -  3 √ (p̄q̄n)  = 8.8 - 3 x √(0.088 x 0.912 )   = 0.2449

 

 the np -chart is 

np- chart 

As all the points of number of defectives items are lies under or within the control limits, hence the process is under control. 

Quality control: The np-chart plays a important role in quality assurance by giving the systematic method to monitor the process and controlling the proportion of nonconforming or defective items. also it helps to provided information about the process maintain it quality standard or not. 

The np-chart gives the visual representation  of the defective items over time, this visual representation is effective to see the performance of process.


Control chart for Number of defectives (np- Chart) :

The np-chart it is also known as the number of nonconforming or defectives chart is statistical control chart used to monitor the proportion of nonconforming ( defectives) items or event  in a process, this np-chart is particularly useful when the data is in the form of counts or discrete data. 

and the np-chart consist of plotting the number of nonconforming (defectives)  items on the y- axis against the sample number on the x- axis. the subgroup size remains the same for each data points.

The np-chart is commonly used in quality control and process improvement and monitoring the proportion on nonconforming items in a process, following are the some uses of np-chart: 

1. Monitoring the process performance: The np-chart is helps to monitoring the stability and performance of the process over time. by checking the proportion of nonconforming  items, it given visual representation of variation in process, and it is helps to identify the process is in control or not.

2. Early Detection of Process issues: The np-chart detect the variation in the proportion of nonconforming or defective items, which may be identify the issues in process or changes in process, if the issues are identifies then taking appropriate actions maintaining the process quality.

3. Process Improvement: The np-chart is a one of the tool is used to improving the process, using the np-chart we monitoring the process of defective items to measure the effective ness of process change. 

4. Quality control: The np-chart plays a important role in quality assurance by giving the systematic method to monitor the process and controlling the proportion of nonconforming or defective items. also it helps to provided information about the process maintain it quality standard or not. 

The np-chart gives the visual representation  of the defective items over time, this visual representation is effective to see the performance of process.


Example of np- Chart:

Example 1. Construct the np- chart for the following data. in this data each sample containing 100 items

Sample No.

1

2

3

4

5

6

7

8

9

10

No. of Defectives

12

10

6

8

9

9

7

11

7

9

Solution: we constructing the np- chart Firstly calculating the   

 total number of defective = 12+10+6+8+9+9+7+11+7+9 = 88

total number of item inspected = 10*100 = 1000  because 10 samples and each sample have 100 items

   p̄ = ( total number of defective)/ (total number of item inspected) 

  p̄ = 88 / 1000

   = 0.088

where q̄ = 1- p̄  = 1-0.088 = 0.912

   Now we obtaining the Control Limits  

 Central line (C.L) = np̄  = 100 x 0.088  = 8.8

 Upper Central Line ( U.C L) =  np̄ +  3 {square root of  [p̄q̄n]} =  np̄ +  3 √ (p̄q̄n)

 U.C L = np̄ +  3 √ (p̄q̄n)  = 8.8 + 3 x √(0.088 x 0.912 )   = 17.2988

 Lower Central Line (L.C.L) = np̄ -   3 {square root of  [p̄q̄n]} =  np̄ -  3 √ (p̄q̄n)

L.C.L =  np̄ -  3 √ (p̄q̄n)  = 8.8 - 3 x √(0.088 x 0.912 )   = 0.3011

 

 the np -chart is 

np- chart 

As all the points of number of defectives items are lies under or within the control limits, hence the process is under control. 

 Statistical quality control.:


Control  chart for Number of Defects (C-chart)

A C chart is a one type of chart in Statistical quality control (SQC)  to monitor the count or frequency of nonconforming items. it is particularly  used when dealing with discrete data or attribute data, where the outcomes are classified in to defective or non defectives or (conforming or nonconforming).

The Primary use of c chart is to monitor the number of defects or nonconforming items in a production or manufacturing process. it helps to identify the the trend of defectives in a process to take decision and action regarding the production process. this allows the continuous improvement in the production process. 

A C chart is also useful   for tracking and monitoring the occurrence of  defects over  a time. it allows to identify periods or specific factors that contributes to increasing number of  defects.

The C chart helps to evaluate the effectiveness of process optimize and guide to decision making in achieving the better quality outcome. 

Control chart for Number of Defects. (C- chart)

If we are interested in a number of defects in unit that makes the unit useless. The number of defects in items are in certain range, then item is acceptable, otherwise we rejecting the items. for this we used c-chart. In this chart the number of defect denotes as 'C'. 

For constructing the C-chart follow steps as

Step I:- firstly we finding the arithmetic mean of number of defects. And is calculated as 

         c̄ = ( Total number of defects) /(number of items are inspected)

Where the number of items are inspected is N.

Step II :- The control limits are 

Central line = c̄ 

Upper Central Line = c̄ +3 √ c̄ 

Lower Central Limit = c̄ -3√ c̄ 

Using this control limit we draw the control chart for number of defect. I.e.  C-chart

The C-chart is plotted as number of defect against sample number. 

we see the example on c chat to better understanding to construction of  C- chart. it is simple to construct a c chart for that first we find out the control limit that are central line, upper central line, lower central line. then plotting on graph paper. the number of defectives on x- axis and sample number on y- axis. then drawing the three line of control limit and then plotting point of number of defectives.  

Example 1. Construct control chart for following data. 

Sample no.

1

2

3

4

5

6

7

8

9

Number of defects

9

8

5

8

7

6

5

7

10

Solution :- in the table they gives the number of defects then for this type of data we used c-chart, for construction of C- chart firstly calculating the control limits for the 

     c̄    = ( Total number of defects) /(number of items are inspected)

    c̄    = 65 / 9 = 7.22

Central line =  c̄  = 7.22

Upper Central Line = c̄ +3 √ c̄  = 7.22 + 3 x √ 7.22 = 15.28

Lower Central Limit =  c̄ -3√ c̄ = 7.22 - 3 x √ 7.22 = -0.84 = 0

( the lower limit is consider as zero because the number of defect are always positive )

the control chart is C- chart

C-chart 


here all the point lies under the control limits the process is in control.

 The c chart is a valuable tool in a Quality control and process improvement efforts. it enables organizations to monitor the occurrence of defectives items, to take appropriate action to maintain the quality and the performance of process, using this chart it helps to organization to improve  the quality and reducing the defective items, to product meets to customer expectations. 


Advantages of Statistical Quality Control:

Statistical Quality Control is one of the powerful tool to managing and improving quality of the production process in manufacturing industries. Following are the advantages of statistical quality control.

1. Identification of  Quality Problems: Statistical Quality control can helps to identify the causes in production process by analyzing the samples. and correcting causes by taking necessary steps.

2. Avoiding loss: In Statistical Quality Control the items are inspected when they are in process of production, therefore the the causes are identified early and taking action to correcting the causes before the rejecting the whole lot.

3. Improved customer satisfaction: using the Statistical Quality Control improving the quality and standard of product to customer satisfy with product.

4.Increased Efficiency : monitoring and analyzing the production process using Statistical Quality Control, inefficiencies can be identified and they are corrected, then the efficiency is increased. 

5. Cost Reduction: Statistical Quality Control help to reducing  the cost associated with quality of product by identifying  and eliminating the  defectives product to reduce the rework on that product and scrap to improving the production process.

6. Continuous Improvement: Statistical Quality Control is monitoring the process continuously identifying and correcting the cause are responsible to lose quality of product to improving the process continuously. 

Use of SQC :

SQC mean Statistical Quality Control, it is a set of statistical method that are used to monitoring and controlling the Quality of the process or product. the statistical quality controlling techniques are widely used or applicable in various industries to controlling the product or process. following are the some fields there SQC is applicable or used: 

Manufacturing : Statistical Quality Control Is play an a important role in a manufacturing  industries. this techniques of SQC are used to monitoring the Quality of Raw material, Intermediate products. The techniques such as control chart, process capability analysis are used to controlling the production process and the Quality of the product. any manufacturing industries has used SQC for maintaining the quality of product to increasing the profit. 

Health care: The statistical Quality Control techniques find the application in healthcare. In Healthcare setting to monitoring and improving the quality of patients care. the Process control charts are used to monitoring the patients outcome ( response to medicine), infection rate, medication error, and other quality indicators. by analyzing data, it help to health care providers to  identify the area for  improvement and improving the quality of health care. 

Process Improvement: The Statistical Quality Control used for continuous improvement of the process or inviting to improvement. by collecting and analyzing data on process performance to identify the sources of variation, reducing the defectives, improving the process. 

these are few example but the SQC has wide range of applications. the goal is to use the Statistical techniques to monitor, analyze and controlling the quality of process and product. to improve the customers satisfaction, reduced the cost and enhanced the efficiency.

Following are the causes of variations in any process.

Causes of variation:  

When the product are produced in large scale there are variation in the size or composition the variation is inherent and inevitable in the quality of product these variation are classified into two causes. 

1) Chance causes : some stable pattern of variation is inherent in manufacturing process and anybody can not be control this type of variation ,this variation has no reason can be assigned, it has random nature these cause of variation or type of variation are known as chance causes or chance variation. The variation due to chance causes is beyond the control of human and it can not be eliminated  in any circumstances. For that to allow variation within this suitable pattern. This pattern is termed as allowable variation. This type of variation is tolerable and it does not affects the quality of process. And the range of tolerable variation is known as tolerance limit of process. 

2) Assignable causes: sometime the product shows the variation in process due to causes that are other than chance causes and they are non-random is known as assignable causes. This causes are responsible for the variation in the process such as low quality raw material, faulty equipment and improper handling of machine etc. Also this type of causes of variation are identified immediately so it is also called variation due to identifiable causes. This assignable causes can be eliminated taking necessary action. 

using the SQC techniques we also identify and understand the various causes of variation are present in a process.  above two are the main causes of variations.



 









Comments

Popular posts from this blog

MCQ'S based on Basic Statistics (For B. Com. II Business Statistics)

    (MCQ Based on Probability, Index Number, Time Series   and Statistical Quality Control Sem - IV)                                                            1.The control chart were developed by ……         A) Karl Pearson B) R.A. fisher C) W.A. Shewhart D) B. Benjamin   2.the mean = 4 and variance = 2 for binomial r.v. x then value of n is….. A) 7 B) 10 C) 8 D)9   3.the mean = 3 and variance = 2 for binomial r.v. x then value of n is….. A) 7 B) 10 C) 8 D)9 4. If sample space S={a,b,c}, P(a) = 0.6 and P(b) = 0.3 then P(c)=….. A)0.6 B)0.3 C)0.5 D)0.1   5 Index number is called A) geometer B)barometer C)thermometer D)centimetre   6.   Index number for the base period is always takes as

Basic Concepts of Probability and Binomial Distribution

 Probability:  Basic concepts of Probability:  Probability is a way to measure hoe likely something is to happen. Probability is number between 0 and 1, where probability is 0 means is not happen at all and probability is 1 means it will be definitely happen, e.g. if we tossed coin there is a 50% chance to get head and 50% chance to get tail, it can be represented in probability as 0.5 for each outcome to get head and tail. Probability is used to help us taking decision and predicting the likelihood of the event in many areas, that are science, finance and Statistics.  Now we learn the some basic concepts that used in Probability:  i) Random Experiment OR Trail: A Random Experiment is an process that get one or more possible outcomes. examples of random experiment include tossing a coin, rolling a die, drawing  a card from pack of card etc. using this we specify the possible outcomes known as sample pace.  ii)Outcome: An outcome is a result of experiment. an outcome is one of the pos

Statistical Inference II Notes

Likelihood Ratio Test 

Measures of Central Tendency :Mean, Median and Mode

Changing Color Blog Name  Measures of Central Tendency  I. Introduction. II. Requirements of good measures. III. Mean Definition. IV . Properties  V. Merits and Demerits. VI. Examples VII.  Weighted Arithmetic Mean VIII. Median IX. Quartiles I. Introduction Everybody is familiar with the word Average. and everybody are used the word average in daily life as, average marks, average of bike, average speed etc. In real life the average is used to represent the whole data, or it is a single figure is represent the whole data. the average value is lies around the centre of the data. consider the example if we are interested to measure the height of the all student and remember the heights of all student, in that case there are 2700 students then it is not possible to remember the all 2700 students height so we find out the one value that represent the height of the all 2700 students in college. therefore the single value represent the whole data and

Time Series

 Time series  Introduction:-         We see the many variables are changes over period of time that are population (I.e. population are changes over time means population increase day by day), monthly demand of commodity, food production, agriculture production increases and that can be observed over period of times known as time series. Time series is defined as a set of observation arranged according to time is called time series. Or a time Series is a set of statistical observation arnging chronological order. ( Chronological order means it is arrangements of variable according to time) and it gives information about variable.  Also we draw the graph of time series to see the behaviour of variable over time. It can be used of forecasting. The analysis of time series is helpful to economist, business men, also for scientist etc. Because it used to forecasting the future, observing the past behaviour of that variable or items. Also planning for future, here time series use past data h

Sequential Analysis: (SPRT)

  Sequential Analysis: We seen that in NP theory of testing hypothesis or in the parametric test n is the sample size and is regarded as fixed and the value of α fixed , we minimize the value of β.  But in the sequential analysis theory invented by A Wald in sequential analysis n is the sample number is not fixed but the both values α and β are fixed as constant. Sequential Probability Ratio Test: (SPRT):

Classification, Tabulation, Frequency Distribution, Diagrams & Graphical Presentation.

Business Statistics I    Classification, Tabulation, Frequency Distribution ,  Diagrams & Graphical Presentation. In this section we study the following point : i. Classification and it types. ii. Tabulation. iii. Frequency and Frequency Distribution. iv. Some important concepts. v. Diagrams & Graphical Presentation   I. Classification and it's types:        Classification:- The process of arranging data into different classes or groups according to their common  characteristics is called classification. e.g. we dividing students into age, gender and religion. It is a classification of students into age, gender and religion.  Or  Classification is a method used to categorize data into different groups based on the values of specific variable.  The purpose of classification is to condenses the data, simplifies complexities, it useful to comparison and helps to analysis. The following are some criteria to classify the data into groups.        i. Quantitative Classification :-

Measures of Dispersion : Range , Quartile Deviation, Standard Deviation and Variance.

Measures of Dispersion :  I.  Introduction. II. Requirements of good measures. III. Uses of Measures of Dispersion. IV.  Methods Of Studying Dispersion:     i.  Absolute Measures of Dispersions :             i. Range (R)          ii. Quartile Deviation (Q.D.)          iii. Mean Deviation (M.D.)         iv. Standard Deviation (S. D.)         v. Variance    ii.   Relative Measures of Dispersions :              i. Coefficient of Range          ii. Coefficient of Quartile Deviation (Q.D.)          iii. Coefficient of Mean Deviation (M.D.)         iv. Coefficient of Standard Deviation (S. D.)         v. Coefficient of Variation (C.V.)                                                                                                                    I.  Introduction. We have the various measures of central tendency, like Mean, Median & Mode,  it is a single figure that represent the whole data. Now we are interested to study this figure(i.e. measures of central tendency) is proper represe

Business Statistics Notes ( Meaning, Scope, Limitations of statistics and sampling Methods)

  Business Statistics Paper I Notes. Welcome to our comprehensive collection of notes for the Business Statistics!  my aim is to provided you  with the knowledge you need as you begin your journey to comprehend the essential ideas of this subject. Statistics is a science of collecting, Presenting, analyzing, interpreting data to make informed business decisions. It forms the backbone of modern-day business practices, guiding organizations in optimizing processes, identifying trends, and predicting outcomes. I will explore several important topics through these notes, such as: 1. Introduction to Statistics. :  meaning definition and scope of  Statistics. 2. Data collection methods. 3. Sampling techniques. 4. Measures of  central tendency : Mean, Median, Mode. 5. Measures of Dispersion : Relative and Absolute Measures of dispersion,  Range, Q.D., Standard deviation, Variance. coefficient of variation.  6.Analysis of bivariate data: Correlation, Regression.  These notes will serve as you