Has the #FertilityRate in the #EuropeanUnion been stable over the past two decades?
A simple #XmR chart available in @LabPlot [2.12dev] can be used to track the stability of any process.
Boosts appreciated! :boost_love:🚀
➡️ https://en.wikipedia.org/wiki/Shewhart_individuals_control_chart
@europesays @dataisbeautiful @[email protected]
#Europe #Future #EU #Europa #Fertility #Politics #Healthcare #Health #BirthRate #Demography #Population #Biology #News #Community #Statistics #FreeSoftware #OpenSource #ControlChart #LabPlot #Data #dataViz
@europesays @[email protected] @dataisbeautiful
Simply asking two primary questions to guide any analysis will lead to a better understanding of variation and more effective decision making:
1️⃣ Is the process currently stable?
2️⃣ Based on this knowledge, what type of action makes sense?
👉 https://healthleadsusa.org/wp-content/uploads/2018/10/understanding-variation26-years-later.pdf
In this paper Thomas Nolan, Rocco J. Perla and Lloyd Provost explain why correctly assessing #variation is fundamental to sound decisions.
#DecisionMaking #Politics #Data #Business #News