Statistics Spotlight: What in the World Were You Thinking?
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Statistics Spotlight: What in the World Were You Thinking?
Finding the right balance between priorities to make reasonable choices
- Publication:
- Quality Progress
- Date:
- March 2023
- Issue:
- Volume 56 Issue 3
- Pages:
- pp. 40-42
- Author(s):
- Anderson-Cook, Christine M., Lu, Lu
- Organization(s):
- Statistical Sciences Group at Los Alamos National Laboratory, Los Alamos, NM, University of South Florida, Tampa, FL
Abstract
Over the years, we have advocated strongly for using Pareto fronts to select good solutions when the criteria in the decision are quantitative. The Pareto front approach identifies the set of nondominated solutions based on considering multiple criteria simultaneously and hence offer an objective set of superior solutions out of the possible candidates. When we can agree on the criteria, it is a straightforward way to complete the objective phase of eliminating irrational choices and focusing on those that are most promising.
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