Ophelia O'Brien, VP of Consumer Credit of Credit First Banks

question 52

Multiple Choice

Ophelia O'Brien, VP of Consumer Credit of Credit First Banks (CFB) , is designing a p chart to monitor the default rate on personal loans at the CFB member banks.Her data includes the proportion in default for 30 samples of personal loans.Each sample contained 50 loans, and the average of the 30 proportions is 0.05.The centerline for Ophelia's p chart is ___.

• A)30
• B)0.50
• C)50
• D)1.5
• E)0.05

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Definitions:

Urgent Items

Tasks or matters that require immediate attention or action due to their importance or time sensitivity.

Team's Problems

Issues or challenges encountered by a group of people working together towards a common goal.

Nods While Speaking

A nonverbal cue often indicating agreement or reinforcing the speaker's point, used during verbal communication.

Points of Disagreement

Specific areas or topics where opinions or perceptions diverge or conflict between two or more parties.