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Understanding Routine vs. Exceptional Variation
The use of XMR charts helps in generating new hypotheses by highlighting new patterns in data, representing a complex system. While XMR charts are helpful in bootstrapping intuition, it's crucial to understand that they have limitations. One significant aspect to focus on is distinguishing routine variation from exceptional variation, as this insight guides the improvement of overall process patterns. This understanding fosters a celebration of individual data points and facilitates a causal analysis of the business, from traffic inputs to financial outcomes.