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Grey reflects on his recent work trip and the benefits of uninterrupted work time. They share their unusual hotel stay and creative explanation. The hosts discuss the annual fundraiser for childhood cancer and St. Jude's commitment to research and care. They analyze the impracticality of using a spreadsheet and the importance of analyzing sales data. The chapter includes a book review and an ad for FitBOD. They explore moving to Substack and using Memberful for membership systems. They also discuss their experience with MailChimp and considering Substack as an alternative.
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Quick takeaways
- Using process control charts can help businesses track and analyze data to identify patterns and outliers.
- Analyzing runs and shifting averages can determine if a change in data is statistically significant, aiding in decision-making.
Deep dives
Process Control Charts for analyzing business data
One of the main takeaways from the book is the concept of process control charts, which can be used to track and analyze business data. By graphing data over time and calculating the average value, these charts can help identify patterns, trends, and outliers. The book provides guidelines for setting control limits and detecting significant changes in data, helping businesses make more informed decisions.
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