I have a column chart that looks like this:
The chart is not well labeled because of data privacy and security issues. However, I can give you some information about the data behind this chart.
Let's consider a scenario where there are machines producing something. Sometimes events occur when a machine is in a production process. Here, 'events' are bad occurrences that stop a machine from doing its work.
The horizontal axis represents configurations or settings (all configurations concatenated into a string based code) on a machine, and the vertical axis represents the rate at which events occurred while using a specific configuration.
The rate of event occurrence (event_rate) is calculated as the
number of events occurred while using a specific configuration divided by the
sum of all productivity when that configuration was used.
The distribution of Event Rates is as depicted in the below chart: My Question:
I understand that this distribution is heavily right skewed.
- Apart from deducing that most configurations do not have a very high event_rate (which is good news), is there any other interpretation that I can make from this chart?
- Other than heavily right skewed, is there any other name for this type of distribution? In other words, does this distribution classify as 'exponential' or 'log-normal' or others? Please provide explanation why.
- Any other insight that you can provide by looking at this chart is also appreciated.
Note: This question has been edited to add the Event Rate distribution chart and change the terminology accordingly