Thursday 9 March 2017

Understanding Permutations and Combinations

In Six Sigma problem solving, it is often important to calculate the likelihood that a combination of events or an ordered combination of events will occur. Understanding some of the basic concepts of probability provides practitioners with the tools to make predictions about events or event combinations. This provides a good foundation for understanding probability distributions, confidence intervals and hypothesis testing. Permutations and combinations are two important concepts for building this foundation.