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SHEET 4A. Alert and Target Setting Illustration

The document presents incident rates for the years 2014 and 2015, comparing monthly averages and assessing alert conditions based on set thresholds. It indicates that an alert is triggered if certain criteria are met, such as consecutive points exceeding specific averages. Additionally, it discusses a target setting for 2015 aimed at achieving a 5% improvement over the 2014 average incident rate.

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Toe wai Myint
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5 views1 page

SHEET 4A. Alert and Target Setting Illustration

The document presents incident rates for the years 2014 and 2015, comparing monthly averages and assessing alert conditions based on set thresholds. It indicates that an alert is triggered if certain criteria are met, such as consecutive points exceeding specific averages. Additionally, it discusses a target setting for 2015 aimed at achieving a 5% improvement over the 2014 average incident rate.

Uploaded by

Toe wai Myint
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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4-May-16

Sheet 4A. Alert & Target Setting Illustration (supplementary)


Preceding Year's Incident Rate
Current Year Incident Rate (2015)
(2014)
Jan 3.2 5 Q1: Is there any Alert condition as of July
Feb 4.5 5.5
Mar 2.8 5.8
Apr 5.1 5.6
May 5.3 4.5 Q2: Is the Average Incident Rate for 2015
Jun 4.1 4.8 better OR worse than 2014?
Jul 3.9 5.1
Aug 5.2 4.9
Sep 4.4 4.3 Q3: Assuming an improvement Target of
Oct 4.6 3.9 5% (better than the 2014 Average Incident
Nov 5.1 4.1 Rate) had been set for 2015, has this
Dec 6.1 5.2 Target been achieved?
AVERAGE 4.5 4.9
STDEVP 0.9 An Alert is deemed to be triggered if -
Ave+1SD 5.4 3 or more consecutive points above 5.4
Ave+2SD 6.3 2 or more consecutive points above 6.3
Ave+3SD 7.2 1 point above 7.2, at any time
Target setting for 2015 is 95% of the 2014 Average Incident Rate.
<<<
STDEVP Excel formula (Doc 9859, C4-App 4)
Σ (𝑥 − 𝜇)2
𝜎=
𝛮

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