Cpk index
A Process Capability Index. A measure of both process dispersion and its centering about the average.

where

Normal Distributions:

Non-Normal Distributions:

where x-doublebar is the Grand Average and σx is Process Sigma, which is calculated using the Moving Range (when subgroup size = 1) or Subgroup Sigma (subgroup size >1) statistic.
Znormal,p and Znormal,1-p are the z-values of the normal cumulative distribution curve at the p percentage point and the 1-p percentage points, respectively.
See also:
Process Capability
Confidence Intervals for Cpk
Capability index Calculation in Minitab