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 34.0 minutes and a standard deviation of 2.0 minutes; and Melissa, a mean of 38.5 minutes and a standard deviation of 3.1 minutesa. Which of the participants would you judge to be capable?Participants :
Armand: Cpk Cp Capable ? (Click to select)NoYes
Jerry: Cpk Capable ? (Click to select)YesNo
Melissa Cp (Click to select)NoYes
b. Can the value of the Cpk exceed the value of Cp for a given participant?
Answers: 3
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As part of an insurance company’s training program, participants learn how to conduct an analysis of...
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