Need these problems done today as the assignment expires at midnight. Problem 1

Question

Need these problems done today as the assignment expires at midnight.

Problem 1 -

Loan Processing times are being monitored at a local company. Samples of six observations each have been taken, and the results are listed. Using Factors from Table 10.3, determine lower and upper control limits for a a mean chart

Sample Number 1 2 3 4 5

-------------       65       65       66       58       55

-------------       68       58       62       73       67

-------------       58       51       63       54       58

-------------       45       65       51       61       73

-------------       55       67       64       76       64

-------------       59       51       63       65       57

Loan Processing times are being monitored at a local company. Samples of ten observations each have been taken, and the results are listed. Using Factors from Table 10.2, determine lower and upper control limits for a a Range chart

Sample Number 1         2       3

-------------       58       65       59

-------------       50       49       45

-------------       63       58       50

-------------       69       64       64

-------------       66       45       62

-------------       52       52       53

-------------       45       45       50

-------------       58       60       51

-------------       50       48       59

-------------       53       53       50

39.425 , 83.041 51.269 , 71.197 50.329 , 72.137 52.209 , 70.257 None of the Above

Explanation / Answer

1)52.209 , 70.257

2)2.31 , 45.675

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