CPK = MINIMUM((UPPER SPECIFICATION - MEAN) / 3 * STANDARD
DEVIATION), (MEAN - LOWER SPECIFICATION) / 3 * STANDARD
DEVIATION)
CP = (UPPER SPECIFICATION - LOWER SPECIFICATION) / (6 * STANDARD
DEVIATION)
UPPER SPECIFICATION = 45
LOWER SPECIFICATION = 32
ARMAND
MEAN = 39
STDEV = 3
CPK = MIN((45 - 39) / (3 * 3), (39 - 32) / (3 * 3)) = MIN(0.67,
0.78) = 0.67
CP = (45 - 32) / (6 * 3) = 0.72
NO
JERRY
MEAN = 35
STDEV = 2
CPK = MIN((45 - 35) / (3 * 2), (35 - 32) / (3 * 2)) MIN(1.67, 1)
= 0.5
CP = (45 - 32) / (6 * 2) = 1.08
YES, 3 SIGMA CAPABLE
MELLISA
STDEV = 3
CPK = MIN((45 - 38.5) / (3 * 3), (38.5 - 32) / (3 * 3)) =
MIN(0.72, 1) = 0.72
CP = (45 - 32) / (6 * 3) = 0.72
NO
As part of an insurance company's training program, participants learn how to conduct an analysis of...
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...
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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 36.0 minutes and a standard deviation of 2.0 minutes; and Melissa, a mean of...
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 47 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 2.0 minutes; and Melissa, a mean of 39.5 minutes and a standard deviation of 2.2...
Problem 10-26 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 47 minutes. Test results for three participants were: Armand, a mean of 38.0 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 39.5 minutes and a standard deviation...