Question: Each month your process improvement team receives a budget variance report providing a monthly dollar amount that a product development program has gone over or

Each month your process improvement team receives a budget variance report providing a monthly dollar amount that a product development program has gone over or under budget. Historically, the budget variance has swung significantly to the plus and minus, and the team has decided to analyze the variance amounts in an effort better understand the significance of them.

In this situation, which of the following is an appropriate choice of chart?

a P Chart

b U Chart

c XmR Chart

d C Chart

e nP Chart

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