Explain how to conduct an analysis of clients insurability

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Q. As part of an insurance business's training program, participants learn explain how to conduct an analysis of clients' insurability. Goal is to have participants achieve a time in range of 30 to 45 minutes. Test results for 3 participants were as follows:

Name Mean Std. Deviation
Armand 38 min. 3 min
Jerry 37 min 2.5 min
Melissa 37.5 min 1.8 min

a. Which of participants would you judge to be capable? Explain.

b. Can value of Cpk exceed value of Cp for a given participant? Explain

 

Reference no: EM1374807

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