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Question 6 1 pts What is the UCL for an R-chart for monitoring the variability of exchange rates? Write your solution here.
Question 6 1 pts What is the UCL for an R-chart for monitoring the variability of exchange rates? Write your solution here.
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Answer #1

Let n be the sample size in each sub groups

R_Bar be the mean of Ranges from all the subgroups.

Then the upper control limit of the R-Chart is

UCL = D​​​​​​4 × R_Bar

D​​​​​​4 can be calculated from the Control limit table for the corresponding 'n' given in the problem.

I am attaching the table which will help you

A2 O ONOWNIE 1.88 1.023 0.729 0.577 0.483 0.419 0.373 0.337 0.308 D4 3.267 2.575 2.282 2.115 2.004 1.924 1.864 1.816 1.777 0.

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