Question

In: Statistics and Probability

The proper operation of typical home appliances requires voltage levels that do not vary much. Listed...

The proper operation of typical home appliances requires voltage levels that do not vary much. Listed below are 9 voltage levels (in volts) at a random house on 9 different days.

120.3 119.5 120 120 120 120.1 120 120 119.8

The mean of the data set is 120; the sample standard deviation is 0.22; if the normality plot is not provided you may assume that the voltages are normally distributed.

  1. Construct a 99% confidence interval for the variance (standard deviation) of all voltages in the house.
    1. Procedure: Select an answer: One mean Z procedure, One variance χ² procedure, One mean T procedure, One proportion Z procedure

      Hint: In the question, look for the keywords such as mean/average, proportion/percentage, variance/standard deviation!

    2. Assumptions: (select everything that applies)
      • Sample size is greater than 30
      • Population standard deviation is known
      • Population standard deviation is unknown
      • The number of positive and negative responses are both greater than 10
      • Normal population
      • Simple random sample
      1. Unknown parameter: Select an answerμ, population meanp, population proportionσ², population variance
      2. Point estimate: Select an answersample proportion, p̂sample mean, x̄sample variance, s² = (Round the answer to 4 decimal places)
      3. Confidence level % → α=α= → α2=α2= and 1−α2=1-α2=
        Critical values: right= left= (Round the answer to 3 decimal places)
      4. Margin of error (if applicable): (Round the answer to 4 decimal places)
      5. Lower bound: (Round the answer to 4 decimal places)
      6. Upper bound: (Round the answer to 4 decimal places)
      7. Confidence interval:(, )
      8. Interpretation: We are % confident that the true population parameter is between and .
    3. Based on the confidence interval, is it reasonable to believe that the population variance is less than 0.01? Explain.

    4. Select an answer: Yes or No , because Select an answer: the entire interval is below, the entire interval is above, a part or the entire interval is below, a part or the entire interval is above 0.01.

Solutions

Expert Solution

GIVEN MEAN OF THE DATA SET IS 120 AND STANDARD DEVIATION OF THE DATA SET IS 0.22

a) i) One variance χ² procedure.

Reason: Because we use  χ² to calculate one population variance interval.

ii) Population standard deviation is unknown,Normal population and Simple random sample.

iii) σ², population variance

iv) Point estimate: s^2= 0.0484

Confidence level :

left end confidence interval value: αleft end = α/2

αleft end = 0.01/2

αleft end = 0.005

αright end = 1 - α/2

α right end = 1 - 0.01/2

α right end = 0.995

LEFT END critical χ2 value for 0.005

χ2 (0.005) = 21.9549

Value can be found on Excel using =CHIINV(0.005,8)

RIGHT end critical χ2 value for 0.995 χ2(0.995) = 1.3444

Value can be found on Excel using =CHIINV(0.995,8)

iv) MARGIN OF ERROR IS NOT APPLICABLE HERE

v) Lower bound  = ((n - 1)s^2/χ^2α/2)

Lower bound = (8)*(0.0484)/21.9549)

= 0.3872/21.9549

= 0.0176

Lower bound = 0.0176

vi) Upper bound =((n - 1)s2/χ21 - α/2)

Upper bound = (8)(0.0484)/1.3444)

Upper bound= 0.3872/1.3444

Upper bound = 0.2880095209759

Upper bound= 0.2880

vii) Confidence interval is ( 0.0176 , 0.2880)

viii) We are 99% confident that the true population parameter is between 0.0176 and 0.2880

YES , because the entire interval is above 0.01


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