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Sigma notation, often referred to as summation notation, can be used in many common situations. For example, it can be used to calculate the sum of deposits for a bank account. Banks add together all deposits and withdrawals to determine the current balance.
Six Sigma is a set of techniques and tools for process improvement. It was introduced by engineer Bill Smith while working at Motorola in 1986. Jack Welch made it central to his business strategy at General Electric in 1995.Today, it is used in many industrial sectors.Six Sigma seeks to improve the quality of the output of a process by identifying and removing the causes of defects (errors) and minimizing variability in manufacturing and business processes.his is based on the fact that a process that is normally distributed will have 3.4 parts per million outside the limits, when the limits are six sigma from the original mean of zero and the process mean is then shifted by 1.5 sigma (and therefore, the six sigma limits are no longer symmetrical about the mean).