In: Operations Management
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
minutes.
a.Which of the participants would you judge to
be capable? (Do not round intermediate calculations. Round
your answers to 2 decimal places.)
Participants | Cpk | Cp | Capable ? |
Armand | (Click to select) No Yes | ||
Jerry | (Click to select) No Yes | ||
Melissa | (Click to select) No Yes | ||
b.Can the value of the Cpk exceed the
value of Cp for a given participant?
Yes
No