How Capable are Your Capability Metrics? Using @RISK to Demonstrate Their Limitations

There is a lot of discussion about the applicability of the traditional capability metrics.  Cp, Cpk, Pp, and Ppk are very popular in some areas but not all truly understand what the metric is trying to communicate about the process.  In this free live webcast we will take a look at a typical data set to see how the capability index (Cpk) is reported based on different assumptions and calculation methods using @RISK.

At the end of this webcast you will fully understand the usage of Cpk in regards to:

• Normal vs. non-normal data
• Stable vs. unstable data
• The uncertainty of capability estimates (confidence intervals)

Join us for this webcast, and you will never be confused or lied to by Cpk!