In: Statistics and Probability
Listed below are speeds (mi/h) measured from traffic on a busy highway. This simple random sample was obtained at 3:30 P.M. on a weekday. Use the sample data to construct a
99% confidence interval estimate of the population standard deviation. USE CHI -SQAURE CRITICAL VALUES
62 |
63 |
63 |
55 |
63 |
53 |
59 |
58 |
59 |
69 |
58 |
67 |
The confidence interval estimate is _____ mi/h <σ< ________ mi/h. (Round to one decimal place as needed.)
Does the confidence interval describe the standard deviation for all times during the week? Choose the correct answer below.
A. No. The confidence interval is an estimate of the standard deviation of the population of speeds at 3:30 on a weekday, not other times.
B.Yes. The confidence interval describes the standard deviation for all times during the week.
We need to calculate the sd of the given data:
speed | x^2 | |
62 | 3844 | |
63 | 3969 | |
63 | 3969 | |
55 | 3025 | |
63 | 3969 | |
53 | 2809 | |
59 | 3481 | |
58 | 3364 | |
59 | 3481 | |
69 | 4761 | |
58 | 3364 | |
67 | 4489 | |
Total | 729 | 44525 |
The sample variance is given by the formula:
The sample size is given by n=12.
The 99% confidence interval for variance is given by
Therefore the 99% confidence interval for the SD is
The confidence interval estimate is 3.0 mi/h <σ< 9.6 mi/h
Does the confidence interval describe the standard deviation for all times during the week? Choose the correct answer below.
B.Yes. The confidence interval describes the standard deviation for all times during the week.