Author: Bhavya Mangla
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SPC: Stoplight Control Chart
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“Life is a journey, take time to appreciate every red, yellow, and green light along the way.” – Unknown Introduction These days we always look for quick results. It could be fast money transfer, ordering food, buying something online, getting high subscribers on YouTube and much more. But the important factor is that the process…
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Willpower vs. Instant Gratification: The Key to Achieving Your Goals
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Story: The Marshmallow Experiment (Source: Internet) The experiment (by Stanford University) began by bringing each child into a private room, sitting them down in a chair and placing a marshmallow (chocolate) on the table before them. At this point, the researcher offered a deal to the child. The researcher told the child that he would…
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SPC: Difference Between Goal Post Mentality and Loss Function Analysis
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“Those who ignore Statistics are condemned to reinvent it.” – Brad Efron Introduction When an organization hires GETs (Graduate Engineer Trainees), they set a minimum mark limit (say minimum 65%). The selected candidates may have marks ranging from 65% to 90%. Will there be any difference between the competence of the candidate having 65% marks…
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You are WORTH it.
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Story: The Old Car (Source: Medium) A father told his daughter “You have graduated with honours, here is a car I bought many years ago. It is pretty old now. But before I give it to you, take it to the used car lot downtown and tell them I want to sell it and see…
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Why SPC Study Needs to be Conducted?
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“A goal is not always meant to be reached; it often serves simply as something to aim at.” –Bruce Lee Introduction There is always a reason why we do anything. When we choose to eat sweets even though we are planning to reduce weight, there is a certain Why for it. When we wake up…