An insurance medical company wants to monitor the insurance claims received at their central location. For...
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An insurance medical company wants to monitor the insurance claims received at their central location. For this purpose, they review 50 claims every day for a period of 20 days. Then non- conforming claims are identified for each subgroup of size 50. Management wants to develop a P Chart to monitor the claims nonconforming proportion. Below is shown the data obtained for 20 samples of size 50. Calculate the values for each sample proportion (P) and any other value required. Sample # LE3 in ∞ ong 1 2 4 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Sample Size 50 50 50 50 50 50 50 50 50 50 50 50 50 50 50 50 50 50 50 50 D₁ 0 5 1669 O ∞ A ONA CONG 8 4 8 0 20 5 P= The Standard Deviation (o)= P₁ P Chart Control Limits UCL = CL = LCL = Draw in the space provided the P Chart An insurance medical company wants to monitor the insurance claims received at their central location. For this purpose, they review 50 claims every day for a period of 20 days. Then non- conforming claims are identified for each subgroup of size 50. Management wants to develop a P Chart to monitor the claims nonconforming proportion. Below is shown the data obtained for 20 samples of size 50. Calculate the values for each sample proportion (P) and any other value required. Sample # LE3 in ∞ ong 1 2 4 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Sample Size 50 50 50 50 50 50 50 50 50 50 50 50 50 50 50 50 50 50 50 50 D₁ 0 5 1669 O ∞ A ONA CONG 8 4 8 0 20 5 P= The Standard Deviation (o)= P₁ P Chart Control Limits UCL = CL = LCL = Draw in the space provided the P Chart
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Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
Posted Date:
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