Business
Business, 30.03.2020 19:27, heyyyyy117

Gladys Schwartz is the manager of a large loan brokerage firm. She strives for high quality output and is concerned with reducing errors in loan documents. Gladys took 20 samples of 80 loan documents each over a time period that she considered normal and found a total of 40 loan documents containing errors. a. Given the above information, set up a control chart (assuming three standard deviations). b. After developing the control chart in part a, three additional samples were collected. What observations can you make about each of these three samples

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Gladys Schwartz is the manager of a large loan brokerage firm. She strives for high quality output a...

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