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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 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. Which of the participants would you judge to be capable? Explain. Can the value of the Cp exceed the value of Cp for a given participant? ExplainAs 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 the following: Armand, a mean of 36.0 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 37.5 minutes and a standard deviation of 1.7 minutes. a.Compute process capability for the participants and determine whether each is capable. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Melissa ? Cp what is itAs 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 the following: Armand, a mean of 36.0 minutes and a standard deviation of 2.0 minutes; Jerry, a mean of 37.0 minutes and a standard deviation of 2.0 minutes; and Melissa, a mean of 37.5 minutes and a standard deviation of 2.6 minutes. a.Compute process capability for the participants and determine whether each is capable, given 4-sigma quality standards. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
- 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 45minutes. Test results for three participants were: Armand, a mean of 38 minutes and a standarddeviation of 3 minutes; Jerry, a mean of 37 minutes and a standard deviation of 2.5 minutes; andMelissa, 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? Explain.b. Can the value of the Cpk exceed the value of Cp for a given participant? Explain.I used excel and got a 1.31 on this question, but my friend got another answer.The host of a dinner party purchases wine based on the weighted average of clarity (10%), bouquet (5%), friendliness to the palate (5%), storage ability of opened bottles (40%), and price (40%). Suppose that Bone Ranch Wave has scores in these categories of 4, 5, 3, 8, and 9, respectively. What is its rating?A) 5.80 B) 5.00 C) 7.60 D) None of the previous
- In hydraulic fracture test, an induced fracture was created at 12.8 MPa. The fracture was reopened in three subsequent cycles. The reopening pressure at third cycle was found to be 6.4 MPa. If the tensile strength of rock is 6.3 MPa, and the pore water pressure is negligible. Determine the maximum and minimum principle stresses if the shut - in pressure was found to be 5.9 MPaLast year's Easter campaign produced these results: 28% of the target audience was exposed 1 time; 21% of the target audience was exposed 2 times; 15% of the target audience was exposed 3 times; 12% of the target audience was exposed 4 times; and no one was exposed more than 4 times. Calculate total GROSS RATING POINTS for the Blue Bunny Easter campaign.7) The host of a dinner party purchases wine based on the weighted average of clarity (10%), bouquet (5%), friendliness to the palate (5%), storage ability of opened bottles (40%), and price (40%). Suppose that Bone Ranch Wave has scores in these categories of 4, 5, 3, 8, and 9, respectively. What is its rating? A) 5.80 В) 5.00 C) 7.60 D) None of the previous
- Burger Doodle is a fast-food restaurant that processes an average of 700 food orders each day. The average cost of each order is $6.05. Four percent of the orders are incorrect, and only 8% of the defective orders can be corrected with additional food items at an average cost of $1.75. The remaining defective orders have to be thrown out.Identify the statement below that should not be part of a multiple-item summated Likert scale designed to measure attitude toward Walmart in Boone. Select one: The people who work at Walmart in Boone are friendly and competent The quality of products sold by Walmart in Boone tends to be on the lower end The location of Walmart in Boone is inconvenient Walmart in Boone has good operating hoursSuppose that you wanted to determine if a drug improves students abilities to concentrate and study. A study conducted by a pharmaceutical company recruited 125 students with averge IQ’s to participate in a randomized clinical trial. The drug company split the recruits into two groups. Group 1, the placebo group was given a sugar pill. The second group, Group 2, the treatment group was given the drug. They were then asked to asked to complete a very difficult task and the amount of time they took before they quit was calculated. They claim that the placebo group will have different focus times from the treatment group. You will test the claim with a significance of .01. What is the null hypothesis?