Question: A bank has set a standard that mortgage applications be processed within a certain number of days of filing. If, out of a sample of

A bank has set a standard that mortgage applications be processed within a certain number of days of filing. If, out of a sample of 2,500 applications, 85 fail to meet this requirement, what is the epmo metric and what sigma level does it correspond to?

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85 errors per 2500 opportunities is equivalent to 34000 epmo This is a sigma level ... View full answer

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