In: Statistics and Probability
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
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 |
Armand | ||
Jerry | ||
Melissa | ||