Question

In: Statistics and Probability

PVC pipe is manufactured with the following diameter (in cm) 5.7 5.3, 5.8, 5.5, 5.1, 5.9...

PVC pipe is manufactured with the following diameter (in cm)

5.7 5.3, 5.8, 5.5, 5.1, 5.9

(a) Construct a 99% two-sided confidence interval for σ2.

(b) Calculate a 99% lower confidence bound for σ.

Solutions

Expert Solution

n = 6

Let x be the diameter (in cm) of PVC pipe.

Sample mean :

x

5.7 0.0225
5.3 0.0625
5.8 0.0625
5.5 0.0025
5.1 0.2025
5.9 0.1225

Sample standard deviation :

.

s = 0.3082 (Round to 4 decimal)

a) Confidence level = c = 0.99

= 1 -c= 1 - 0.99 = 0.01

Degrees of freedom = n - 1 = 6 - 1 = 5

Critical values:

From excel using function:

=CHIINV(0.005,5)

= 16.750 (Round to 3 decimal)

From excel using function:

=CHIINV(0.995,5)

= 0.412 (Round to 3 decimal)

99% two-sided confidence interval for Population variance is

(Round to 3 decimal)

99% two-sided confidence interval for Population variance is (0.028,1.153)

b)

99% two-sided confidence interval for Population standard deviation is

   (Round to 3 decimal)

99% two-sided confidence interval for Population variance is (0.168,1.074)

99% lower confidence bound for = 0.168


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