Question

In: Statistics and Probability

Listed below are speeds​ (mi/h) measured from traffic on a busy highway. This simple random sample...

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.

Solutions

Expert Solution

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.


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