KnowWare International has added Equivalence Testing to its QI Macros ™ SPC Software for Excel. QI Macros works with Excel to draw Lean Six Sigma charts and graphs.
The Equivalence Test was added to the Statistical Tools feature of QI Macros. Equivalence testing determines an interval where the means can be considered equivalent. While measurements at different times or using different formulations can vary, it’s often useful to determine if the two measurements produce equivalent results. Traditional hypothesis testing seeks to determine if means are the same or different, but it can have false positives.
The QI Macros SPC Software contains 40+ charts and more than 90+ fill-in-the-blank templates that simplify Lean Six Sigma complexities. QI Macros SPC Software for Excel works with Excel versions 2000-2013. At only $229 (thousands less than competitors), they are the least expensive, most robust solution available on the market.
Download a 30-day evaluation copy of the QI Macros for Excel at http://www.qimacros.com/trial/30-day/. Readers can also signup for a free email course on Lean Six Sigma. For more information, testimonials, and pricing go to http://www.qimacros.com/qi-macros/excel-spc-software/
Jay Arthur is the author of Lean Six Sigma Demystified, Lean Six Sigma for Hospitals, the Lean Six Sigma System, the QI Macros SPC Software for Excel, and Breakthrough Improvement with QI Macros and Excel: Finding the Invisible Low-Hanging Fruit (McGraw-Hill, March, 2014).