Dashboard

A dashboard is a tool used for collecting and reporting information about vital customer requirements and/or a business’s performance for key customers. Dashboards provide a quick summary of process and/or product performance.

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Degree of Freedom

Degrees of freedom is central to estimating statistics of populations from samples of those populations. Another way of thinking about the meaning behind degrees of freedom is to imagine predictability.

As an example, imagine you have four numbers (a, b, c, and d) that must add up to a total of e. You are free to choose the first three numbers at random, but the fourth must be chosen so that it makes the total equal to e—thus your degree of freedom is 3.

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