A Design of Experiments
What it is and how to apply in your day-to-day business, entrepreneurial, and technical analysis to make crucial decisions
We say a school of fish, a pack of coyotes, a covert of coots, a library of books, a stack of hay, a flight of steps, a business of ferrets, and you can list the rest. In a similar way, we say “a design of experiments” even though we are used to “a set of experiments”.
Design of experiments (DOX or DOE), also known as experimental design is a methodology in the greater discipline of statistics, aiming at describing variation of condition(s) under many different influences of factors AT AGO.
Design Of Experiments (DOE) presents an intuitive way of assessing the influence of several factors at ago, rather than one factor at a time (OFAT) as it is still done traditionally by many practitioners.
A proper application of these methodologies not only saves time, but it has been shown time and again that it also saves a lot of money needed to extract useful information when conducting trials or experiments of all kinds. We will explore the usefulness of this methodology in this essay, as well as carry out a simplified exercise to help the reader understand exactly how they are applied in normal day-to-day business, entrepreneurial…
