Refer to the credit card application approval process on pages 213 and 214. (a) Make a p
Question:
(a) Make a p chart using the centerline and control limits calculated for p0 = .4.
(b) Suppose the next five weeks bring 12, 10, 15, 11, and 16 applications requiring full review. Graph the corresponding proportions on your p chart.
(c) Identify any weeks where the chart signals "out of control."
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a From the example the center line is at 0 p 04 the lower cont...View the full answer
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Related Book For 
Statistics Principles And Methods
ISBN: 9780470904114
7th Edition
Authors: Richard A. Johnson, Gouri K. Bhattacharyya
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