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Doing Monte Carlo simulations in Minitab Statistical Software is very easy. This article illustrates how to use Minitab for Monte Carlo simulations using both a known engineering formula and a DOE equation.
Minitab Inc., the leading provider of software for quality improvement, is the platinum sponsor of the ASQ 2012 World Conference on Quality and Improvement, May 21-23, 2012, in Anaheim, Calif. Minitab makes the statistical software thousands of companies use to analyze data for quality improvement. The company also offers Quality Trainer, an e-learning course that teaches statistics and serves as an ongoing resource for quality professionals, and Quality Companion, process improvement software designed to help manage and execute quality improvement projects from start to finish.
They come from different industries and different parts of the world, but winners of this year’s Baldridge National Quality Awards and the International Quality and Productivity Center’s Process Excellence Global Awards have something in common: Minitab Statistical Software.
Alain Lieury used Minitab® Statistical Software to study the effect video games have on a person’s brainpower—or, to put it in more academic terms, “cognitive aptitudes.”
When the first batch of holiday cookies Bill Howell made last year for family and friends produced mixed results, he applied the power of Minitab to find a solution. Howell used Minitab’s design of experiments (DOE) tools to get to the bottom of why his cookies failed to hold their shape.