Calibration

Calibration is the process of comparing the measuring or output capabilities of a piece of equipment to a known standard. This allows for one of two basic actions that make sure that the equipment can be used effectively. You can apply a correction factor to the instrument, much like “Kentucky Read more…

C-Level Executive

C-Level executives are the top individuals in an organization’s hierarchical structure. The most common are: CEO (Chief Executive Officer) CFO (Chief Financial Officer) COO (Chief Operating Officer) There are also frequently c-level executives in charge of marketing or information technology. Some organizations will even go further and assign a chief Read more…

Null Hypothesis

“Null hypothesis” is a statistical term that basically means that there is an assumption that there is no statistical difference between observations. For example, the null hypothesis would say that any differences between a sample and a population would be due only to random chance. Statistical testing then confirms or Read more…