Interpretation & Calculations
An (EWMA) Exponentially Weighted Moving-Average Chart is a control charts for variables data (data that is both quantitative and continuous in measurement, such as a measured dimension or time). It plots weighted moving average values. A weighting factor is chosen by the user to determine how older data points affect the mean value compared to more recent ones. Because EWMA control charts use information from all samples, they detect much smaller process shifts than a normal control chart would. When not available, a Moving Average chart such as offered in our SPC software provides the same benefits.
Learn more about the SPC principles and tools for process improvement in Statistical Process Control Demystified (2011, McGraw-Hill) by Paul Keller, in his online SPC Concepts short course (only $39), or his online SPC certification course ($350) or online Green Belt certification course ($499).