Charter National Bank has a staff of loan officers located in its branch offices throughout the Southwest. Robert Kerns, vice president of consumer lending, would like some information on the typical...

Extracted text: Charter National Bank has a staff of loan officers located in its branch offices throughout the Southwest. Robert Kerns, vice president of consumer lending, would like some information on the typical amount of loans and the range in the amount of the loans. A staff analyst of the vice president selected a sample of 10 loan officers and from each officer selected a sample of five loans he or she made last month. The data are reported here. Loan Amount (S000) Loan Amount ($000) Officer 1 3 Officer 2 3 4 Weinraub 60 74 52 48 67 Bowyer 64 80 56 68 52 Visser 40 51 71 47 67 Kuhlman 75 43 45 77 47 Ludwig Longnecker Simonetti Moore 50 42 53 87 85 78 65 67 62 32 Brunner 36 70 62 44 81 44 77 70 53 53 Wolf 33 59 38 78 63 43 50 15 31 46 E Click here for the Excel Data File Determine the control limits for the mean. (Round your answers to 2 decimal places.) Mean of the sample means LCL UCL Determine the control limits for the range. (Leave no cells blank - be certaln to enter "O" wherever requlred. Round your answers to 2 decimal places.) Mean of the sample ranges LCL UCL