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.
Being a layman, explain what the significance of three sigma?
ReplyDeleteOr what is NAPM
ReplyDeleteI'm not Mungo, just Angus, but the Iron Sheik gets me every time so,
ReplyDeleteNAPM= 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.