Examine the Statistical Process Control outputs below. Answer the following questions.
a. What is the sample size?
b. What is the number of samples?
c. What is the mean of sample 8; what is the range of sample 10?
d. Is this process in control? Explain-a simple Yes or No is insufficient.
e. What additional steps should the quality assurance team take? UCL (Upper control limit) CL (Center line) LCL (Lower control limit) Sample Number Sample 1 Sample 2 Sample 3 Sample 4 Sample 5 Sample 6 Sample 7 Sample 8 Sample 9 Sample 10 Item 1 12.211.91212.512.212.112.31212.112.6 Mean 12.685612.3610.0344 Item 2 12.612.512.212.512.812.512.412.112.812.4 Item 31212.412.912.412.711.812.812.412.412.1 Range 1.01930.670 Item 412.112.713.112.81212.312.412.211.912.3 Mean 12.22512.37512.5512.5512.42512.17512.47512.17512.312.35 Range 0.60.81.10.40.80.70.50.40.90.5
Differentiate between primary and secondary markets.
Recognize the role and significance of financial intermediaries in the financial system.
Understand the concept of investment term and maturity and the implications for financing.
Identify the key differences between money markets and capital markets.
Precognition
The alleged ability to see or know about events before they happen.
Motivations
Motivations are the driving forces behind human actions, desires, and needs.
Perception
The method through which people arrange and understand their sensory observations to assign significance to their surroundings.
Emotion
A complex psychological state that involves a subjective experience, physiological response, and behavioral or expressive response.