Question: Refer to the credit card application approval process on pages 213 and 214. (a) Make a p chart using the centerline and control limits calculated

Refer to the credit card application approval process on pages 213 and 214.
(a) Make a p chart using the centerline and control limits calculated for p0 = .4.
(b) Suppose the next five weeks bring 12, 10, 15, 11, and 16 applications requiring full review. Graph the corresponding proportions on your p chart.
(c) Identify any weeks where the chart signals "out of control."

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