A Manager Wishes to Build a 3-Sigma Range Chart for a Process.The

question 64

Multiple Choice

A manager wishes to build a 3-sigma range chart for a process.The sample size is five,the mean of sample means is 16.01,and the average range is 5.3.From Table S6.1,the appropriate value of D₃ is 0,and D₄ is 2.115.What are the UCL and LCL,respectively,for this range chart?

• A)33.9 and 11.2
• B)33.9 and 0
• C)11.2 and 0
• D)6.3 and 0
• E)31.91 and 0.11

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Definitions:

Stock Split

A corporate action that increases the number of a company’s shares by dividing each share, which in turn reduces its price but does not affect the total market capitalization.

Shares Outstanding

Refers to the total number of shares of a company that are currently owned by investors, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.

Stock Split

A corporate action that increases the number of a corporation's outstanding shares by dividing each share, which in turn reduces its price but not the total market capitalization.

Total Market Value

The aggregate value of a company or an asset in the marketplace, based on current prices and the total number of shares or units outstanding.