In: Statistics and Probability
You are given the following results from a sample of five observations. 4 6 3 4 3
a. Construct a 99% confidence interval for the population variance.
b. The null and alternative hypotheses are H0: σ2 ≥ 2 and Ha: σ2 < 2. Compute the test statistic.
c. Perform the test of the hypothesis at the 1% level.
d. What do you conclude about the population variance?
Solution-
a)
b) , c) and d) answers are below.
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