Question

In: Operations Management

as part of an insurance companys training program, particupaants learn how to conduct an analysis of...

as part of an insurance companys training program, particupaants learn how to conduct an analysis of clients insurability. the goal is to have participants achieve a time in the range of 32 to 47 minutes. armand a mean of 37, and a standard deviation of 3.0, jerry a mean of 37.0 minutes and a standard deviation of 2.0. melissa a mean of 39.5 minutes and a standard deviation of 1.8 minutes.
cpk? cp? and if they are capable

Solutions

Expert Solution

Answers in BOLD:

LCL=32, UCL= 47

Process is capable is Cp is more than 1

mean

Standard deviation-sd

Cp= (UCL-LCL)/6sd

Cpk= Min [(mean-LCL)/3sd; (UCL-mean)/3sd]

Capability

Armand

37

3

0.8333

0.5556

Not capable

Jerry

37

2

1.2500

0.8333

Capable

Melissa

39.5

1.8

1.3889

1.3889

Capable


Related Solutions

As part of an insurance company’s training program, participants learn how to conduct an analysis of...
As part of an insurance company’s training program, participants learn how to conduct an analysis of clients’ insurability. The goal is to have participants achieve a time in the range of 32 to 45 minutes. Test results for three participants were: Armand, a mean of 36.0 minutes and a standard deviation of 3.0 minutes; Jerry, a mean of 37.0 minutes and a standard deviation of 2.0 minutes; and Melissa, a mean of 38.5 minutes and a standard deviation of 1.9...
As part of an insurance company’s training program, participants learn how to conduct an analysis of...
As part of an insurance company’s training program, participants learn how to conduct an analysis of clients’ insurability. The goal is to have participants achieve a time in the range of 32 to 47 minutes. Test results for three participants were: Armand, a mean of 38.0 minutes and a standard deviation of 2.0 minutes; Jerry, a mean of 34.0 minutes and a standard deviation of 3.0 minutes; and Melissa, a mean of 39.5 minutes and a standard deviation of 2.4...
As part of an insurance company’s training program, participants learn how to conduct an analysis of...
As part of an insurance company’s training program, participants learn how to conduct an analysis of clients’ insurability. The goal is to have participants achieve a time in the range of 32 to 45 minutes. Test results for three participants were: Armand, a mean of 38.0 minutes and a standard deviation of 3.0 minutes; Jerry, a mean of 37.0 minutes and a standard deviation of 3.0 minutes; and Melissa, a mean of 38.5 minutes and a standard deviation of 2.3...
As part of an insurance company’s training program, participants learn how to conduct an analysis of...
As part of an insurance company’s training program, participants learn how to conduct an analysis of clients’ insurability. The goal is to have participants achieve a time in the range of 30 to 47 minutes. Test results for three participants were: Armand, a mean of 37.0 minutes and a standard deviation of 3.0 minutes; Jerry, a mean of 34.0 minutes and a standard deviation of 2.0 minutes; and Melissa, a mean of 38.5 minutes and a standard deviation of 2.4...
As part of an insurance company’s training program, participants learn how to conduct an analysis of...
As part of an insurance company’s training program, participants learn how to conduct an analysis of clients’ insurability. The goal is to have participants achieve a time in the range of 32 to 45 minutes. Test results for three participants were: Armand, a mean of 36.0 minutes and a standard deviation of 2.0 minutes; Jerry, a mean of 35.0 minutes and a standard deviation of 3.0 minutes; and Melissa, a mean of 38.5 minutes and a standard deviation of 1.6...
As part of an insurance company’s training program, participants learn how to conduct an analysis of...
As part of an insurance company’s training program, participants learn how to conduct an analysis of clients’ insurability. The goal is to have participants achieve a time in the range of 30 to 47 minutes. Test results for three participants were: Armand, a mean of 37.0 minutes and a standard deviation of 3.0 minutes; Jerry, a mean of 34.0 minutes and a standard deviation of 2.0 minutes; and Melissa, a mean of 38.5 minutes and a standard deviation of 2.4...
As part of an insurance company’s training program, participants learn how to conduct an analysis of...
As part of an insurance company’s training program, participants learn how to conduct an analysis of clients’ insurability. The goal is to have participants achieve a time in the range of 32 to 47 minutes. Test results for three participants were: Armand, a mean of 36.0 minutes and a standard deviation of 3.0 minutes; Jerry, a mean of 37.0 minutes and a standard deviation of 2.0 minutes; and Melissa, a mean of 39.5 minutes and a standard deviation of 3.2...
As part of an insurance company’s training program, participants learn how to conduct an analysis of...
As part of an insurance company’s training program, participants learn how to conduct an analysis of clients’ insurability. The goal is to have participants achieve a time in the range of 30 to 47 minutes. Test results for three participants were: Armand, a mean of 38.0 minutes and a standard deviation of 3.0 minutes; Jerry, a mean of 35.0 minutes and a standard deviation of 2.0 minutes; and Melissa, a mean of 38.5 minutes and a standard deviation of 1.8...
As part of an insurance company’s training program, participants learn how to conduct an analysis of...
As part of an insurance company’s training program, participants learn how to conduct an analysis of clients’ insurability. The goal is to have participants achieve a time in the range of 30 to 45 minutes. Test results for three participants were: Armand, a mean of 38 minutes and a standard deviation of 3 minutes; Jerry, a mean of 37 minutes and a standard deviation of 2.5 minutes; and Melissa, a mean of 37.5 minutes and a standard deviation of 1.8...
Learn by Doing Matched Pairs: In this lab you will learn how to conduct a matched...
Learn by Doing Matched Pairs: In this lab you will learn how to conduct a matched pairs T-test for a population mean using StatCrunch. We will work with a data set that has historical importance in the development of the T-test. Paired T hypothesis test: μD = μ1 - μ2 : Mean of the difference between Regular seed and Kiln-dried seed H0 : μD = 0 HA : μD > 0 Hypothesis test results: Difference Mean Std. Err. DF T-Stat...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT