Just a fun little question:
Years ago I went through Six Sigma-Black Belt training (basically applying statistics to processes)
I had the hardest time getting to the bottom of the significance of the sigma.
“Sigma is the Standard Deviation”
“The Standard Deviation is about 68% of the population”
“The Standard Deviation is this formula s=@#$+!#$^@&#@%-blahblahblah (whatever it is)”
Being a “visual” guy I got a little closer to what I was looking for with “It’s a point on the standard bell curve”
So “The Point” – Aside from all the stuff above, do you know what the significance of “That Point” is?
I know it is not just some random point that a mathematician threw a dart at and then came up with an equation. There IS significance.
Do you know what it is?
- Yes, I do. Just wondering if you do ?