I'm not Mungo, just Angus, but the Iron Sheik gets me every time so,
NAPM= National Association of Purchasing Management.
3 sigma = very big.
sigma is a standard deviation, and in many probability distributions, a 3 standard deviation swing is very large. Export orders are falling off a cliff.
3 comments:
Being a layman, explain what the significance of three sigma?
Or what is NAPM
I'm not Mungo, just Angus, but the Iron Sheik gets me every time so,
NAPM= National Association of Purchasing Management.
3 sigma = very big.
sigma is a standard deviation, and in many probability distributions, a 3 standard deviation swing is very large. Export orders are falling off a cliff.
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