Historically, the Average Time to Service a Customer Complaint Has $\bar { X- }$

question 163

Multiple Choice

Historically, the average time to service a customer complaint has been 3 days and the standard deviation has been 0.50 day. Management would like to specify the control limits for an $\bar { X- }$ chart with a sample size of 10 and 3 sigma limits. The LCL for the chart would be

• A) less than 2.40.
• B) greater than 2.40 but less than or equal to 2.45.
• C) greater than 2.45 but less than or equal to 2.50.
• D) greater than 2.50.

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Definitions:

New Value

A concept in bankruptcy law referring to money or goods contributed to a debtor that can provide the basis for allowing a creditor to receive an otherwise avoidable transfer.

Grant Discharge

The legal process of releasing an individual from certain obligations or debts, often used in bankruptcy cases.

Concealed

Hidden or kept secret from view.

Defraud

The act of deceiving or cheating someone or a group to gain financial or personal advantage.