Mathematics, 09.06.2020 14:57 annamcveigh50
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 38.0 minutes and a standard deviation of 2.0 minutes; and Melissa, a mean of 38.5 minutes and a standard deviation of 2.9 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 :
Armand: Cpk Cp Capable ? No/Yes
Jerry: Cpk Capable ? Yes/No
Melissa Cp No/Yes
b. Can the value of the Cpk exceed the value of Cp for a given participant?
yes or no
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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