July 11, 2022, 3:51 p.m. | Marina Tosic

Towards Data Science - Medium towardsdatascience.com

Yet another approach for monitoring KPI targets

Photo by Henry & Co. on Unsplash

Control chart

Statistics

“a chart on which observed values of a variable are plotted, usually against the expected value of the variable and its allowable deviation, so that excessive variations in the quality, quantity, etc., of the variable can be detected” [1]

Introduction

During my bachelor's studies, one insightful Uni course was “Introduction to Quality Assurance”. Essentially, this was yet another …

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