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Trendlines
In a message dated 08/04/2000 5:10:15 AM Pacific Daylight Time,
ferrell1@home.com writes:
<< Is there anytime that a 'trendline' provides value to a time series
chart?
Or more specifically a control chart? >>
Davis Balestracci's book " Practical Applications for Medical Group Practice"
has some good examples of inappropriate use of trendlines.
I also quote from his 8 common statistical traps: Fitting inappropriate "trend" lines to a time series data sequence;
-another form of "tampering" attributing a specific type of special cause (linear trend) to a set of data which contains only common cause.
Attributing an inappropriate specific special cause (linear trend) to a data time series that contains a different kind of special cause.
Comment: Typically occurs when people always use the "trend line" option in spread sheet software to fit a line to data with no statistical trends.
Improvement often takes place in "steps' where a stable process moves to a new level and remains stable there. However, a regression line will show statistical significance, implying that the process swill continually improve over time"
Hope this helps
Helen Ganley
Quality Manager
Royal North Shore Hospital & Community Health Services
Sunny Sydney
Australia
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