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Tuesday, December 27, 2016

How Bayesian inference works. Can that improve the SPC?

What about using that approach for SPC?  At least one article is HERE about it:
Bayesian Statistical Process Control
 and some dispute is HERE:

Why isn't bayesian statistics more popular for statistical process control 

Note there is a "Bayesian statistical process control chart"...

In my experience we often do not have too many data to be used for mean, UCL and LCL  calculations, so based on "An Application to Bayesian Methods in SPC": 

I plan to explore this more....