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 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
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) Yes No | ||
Jerry | (Click to select) No Yes | ||
Melissa | (Click to select) Yes No | ||
b.Can the value of the Cpk exceed the value of
Cp for a given participant?
Yes
No
a)
b)
NO
Cpk value is less than or equal to the Cp value. The value of the Cpk can never exceed the value of Cp for a given participant