Question: Table 1 : Weekly costs of processing loan applications. Compute the Y for the individual chart and MR of the moving range chart.a . (

Table 1: Weekly costs of processing loan applications.
Compute the Y for the individual chart and MR of the moving range chart.a.
(3 marks)Set up an individual and moving range control charts for these data and givecomments on the stability of processing costs
(5 marks)
Give situations in which control chart for individuals are preferred to x-bar chart

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