The Hypergeometric Distribution is a probability distribution used to model the number of successes in a sample drawn from a finite population without replacement. Properties of the Hypergeometric Distribution: The Hypergeometric Distribution is def...

 The Geometric Distribution is a discrete probability distribution that models the number of Bernoulli trials (i.e., a series of independent yes/no experiments) needed to get a success. It is often used to model the number of failures before the firs...

 The exponential distribution is a continuous probability distribution that describes the time between events in a Poisson process, which is a process that occurs at a constant rate. It is commonly used in modelling waiting times, such as the time be...

 The chi-square distribution is a continuous probability distribution that describes the distribution of the sum of squares of independent standard normal random variables. It is commonly used in statistical hypothesis testing to evaluate the goodnes...

Here is a list of common abbreviations in the field of quality management and Six Sigma, organized alphabetically: 5S: A lean methodology for organizing and maintaining a clean, efficient, and safe work environment, which stands for Sort, Set in Orde...

 The F-distribution, also known as the Fisher-Snedecor distribution, is a continuous probability distribution that is often used in hypothesis testing and analysis of variance (ANOVA). It is typically used to compare the variability of two population...

 The Student's t-distribution is a continuous probability distribution that is used to estimate the mean of a normally distributed population when the sample size is small, and the population variance is unknown. It is often used in hypothesis testin...

 The Poisson distribution is a probability distribution that describes the likelihood of a given number of events occurring in a fixed time period or in a fixed area. It is often used to model the number of times an event occurs in a given period, su...

A customer-centric culture is one that focuses on providing exceptional service, meeting customer needs and expectations, and building relationships with customers. Businesses can gain an invaluable competitive advantage by creating a customer-centri...

 The binomial distribution is a probability distribution that describes the likelihood of a given number of successes in a fixed number of trials. For example, in the case of flipping fair coins, the binomial distribution can be used to calculate the...