A large accounting firm gives out 1,000 job offers every year to new college graduates.Suppose that 85% of those who received offers accept the position.The following shows the number of graduates who have accepted jobs in the last four years.Number of job offers accepted: a.Construct the centerline and the upper and lower control limits for the chart.
b.Does the company need to worry about its ability to attract college graduates to the firm?

Question

A large accounting firm gives out 1,000 job offers every year to new college graduates.Suppose that 85% of those who received offers accept the position.The following shows the number of graduates who have accepted jobs in the last four years.Number of job offers accepted:  a.Construct the centerline and the upper and lower control limits for the  chart.
b.Does the company need to worry about its ability to attract college graduates to the firm?

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The Answer of A large accounting firm gives out 1,000 job offers every year to new college graduates.Suppose that 85% of those who received offers accept the position.The following shows the number of graduates who have accepted jobs in the last four years.Number of job offers accepted:  a.Construct the centerline and the upper and lower control limits for the  chart.
b.Does the company need to worry about its ability to attract college graduates to the firm?

A Large Accounting Firm Gives Out 1,000 Job Offers Every