"What is your methodology?" = "How do you do that?"
"But surely the neo-asymptotic region of the normal distribution curve at the 6-sigma extreme would indicate that extrapolation of our core-business methodology beyond a 2- or 3-sigma level would prove both nugatory and financially imprudent?"
Go on - try that the next time someone quacks up with the 6-sigma w@nkword!
Summation of sigma - wouldn't that be sigma sigma?
I hated statistics at university about 35 years ago. But I remember on economics session in my final year when the lecturer said "Let's say it costs £N to get something 90% right. OK for car engines, not OK for nuclear power stations. It'll probably cost as much again to make it 99% right, the same again for 99.9% right. So the economist has to advise the manager about how much his strive for perfection will cost and not waste money on trying to make cars as reliable as nuclear power stations!"
OK - so this was long before Chernobyl. But it was the era of the Austin Allegro - the only car ever sold with a square wheel!
Last edited by BEagle; 20th Sep 2005 at 21:44.