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Taveen, the production manager at Wire Express, has noticed that one of his machines seems to stall out briefly toward the end of a run. He is wondering whether this stalling is affecting the width of the wire product. He creates several control charts and notices about 11 consecutive points above the centerline and three points beyond two standard deviations from the centerline. How should Taveen react?
Ranking Data
A method of organizing data by assigning an ordinal or rank order to different values based on their size or importance.
Sample Spearman
Sample Spearman refers to the computation of Spearman's rank correlation coefficient on a sample data set to assess the monotonic relationship between two variables.
Rank Coefficient
A statistical measure that evaluates the strength and direction of a relationship between two ranked variables.
Spearman Rank-Correlation
A nonparametric measure of correlation that assesses how well the relationship between two variables can be described using a monotonic function, based on ranked values.
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