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question archive As part of an insurance company's training program, participants learn how to conduct an analysis of clients' insurability

As part of an insurance company's training program, participants learn how to conduct an analysis of clients' insurability

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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 2.0 minutes; Jerry, a mean of 37.0 minutes and a standard deviation of 2.0 minutes; and Melissa, a mean of 38.5 minutes and a standard deviation of 2.0 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 Cpk Cp Capable?

Armand Select Yes or No

Jerry Select Yes or No

Melissa Select Yes or No

       

b.

Can the value of the Cpk exceed the value of Cp for a given participant?

Yes

No

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