Six Sigma Black Belt: Probability and Probability Distributions

Everyone
  • 7 videos | 1h 30m 15s
  • Earns a Badge
Likes 34 Likes 34
Organizations need to make inferences about a population from sample data, and understanding how to calculate the probability that an event will occur is crucial to making those inferences. In a Six Sigma context, it is often important to calculate the likelihood that a combination of events or that an ordered combination of events will occur. Understanding probabilities can provide Black Belts with the tools to make predictions about events or event combinations. To make accurate inferences about a population from the sample data collected in the Measure stage, Black Belts must also be familiar with the characteristics of various probability distributions, and their suitability for different types of data. Understanding the behavior of probability distributions allows the Black Belts to find the probability that values will be found within a given range, and thus to provide information on the variation in the organization's processes and products. This course provides Black Belts with basic information on probabilities and probability distributions, from the frequently used normal, Poisson, and binomial distributions, to the more specialized hypergeometric, Weibull, bivariate, exponential, and lognormal, as well as the distributions that test hypothesis and set confidence intervals: Chi-square, Student's t, and F distributions. When chosen appropriately to represent the data, these distributions will provide information on process and product variation, and support subsequent inferences based on sample data. This course is aligned with the ASQ Certified Six Sigma Black Belt certification exam and is designed to assist learners as part of their exam preparation. It builds on foundational knowledge that is taught in SkillSoft's ASQ-aligned Green Belt curriculum.

WHAT YOU WILL LEARN

  • discover the key concepts covered in this course
    calculate the probability of compound events in a given scenario
    use the appropriate formula to calculate the number of combinations or permutations in a given scenario
    identify equivalent approximations and conditions under which they hold true
    choose the appropriate discrete distribution for a given study
    recognize the characteristics and applications of lognormal, exponential, Weibull, and bivariate distributions
    choose the most suitable continuous probability distribution to use for a given scenario
  • choose the appropriate distribution formula and use it to find probability, for a given scenario
    use the Z-score formula and normalized Z-table to calculate cumulative probability of a value, in a given scenario
    calculate the mean and standard deviation for binomial data
    recognize whether or not the hypergeometric distribution should be used and why, in a given scenario
    calculate probability using the hypergeometric distribution formula
    match Chi-square, Student's t-distribution, and F distribution to descriptions of when they are typically applied

IN THIS COURSE

  • 2m 35s
    After completing this video, you will be able to discover the key concepts that will be covered in this course. FREE ACCESS
  • 13m 14s
    After completing this video, you will be able to calculate the probability of compound events in a given scenario and use the appropriate formula to calculate the number of combinations or permutations in a given scenario FREE ACCESS
  • Locked
    3.  Discrete Variable Probability Distributions
    17m 45s
    After completing this video, you will be able to choose the appropriate discrete distribution for a given study and identify equivalent approximations and conditions under which they hold true FREE ACCESS
  • Locked
    4.  Continuous Variable Probability Distributions
    20m 23s
    After completing this video, you will be able to recognize the characteristics and applications of lognormal, exponential, Weibull, and bivariate distributions and choose the most suitable continuous probability distribution to use for a given scenario FREE ACCESS
  • Locked
    5.  Normal and Poisson Distributions
    12m 52s
    After completing this video, you will be able to use the Z-score formula and normalized Z-table to calculate cumulative probability of a value, in a given scenario and choose the appropriate distribution formula and use it to find probability, for a given scenario FREE ACCESS
  • Locked
    6.  Binomial and Hypergeometric Distributions
    12m 20s
    After completing this video, you will be able to calculate the mean and standard deviation for binomial data; recognize whether or not the hypergeometric distribution should be used and why, in a given scenario; and calculate probability using the hypergeometric distribution formula FREE ACCESS
  • Locked
    7.  Chi-square, Student's t, and F Distributions
    11m 7s
    After completing this video, you will be able to match Chi-square, Student's t-distribution, and F distribution to descriptions of when they are typically applied FREE ACCESS

EARN A DIGITAL BADGE WHEN YOU COMPLETE THIS COURSE

Skillsoft is providing you the opportunity to earn a digital badge upon successful completion on some of our courses, which can be shared on any social network or business platform.

Digital badges are yours to keep, forever.

PEOPLE WHO VIEWED THIS ALSO VIEWED THESE