In: Statistics and Probability
Given below is simple random sample data for wait times, in minutes, for a call center. At the 98% confidence level, calculate the confidence interval estimate for the variance in wait time for the population of all calls at the call center. Assume the population is normally distributed. 12.1 11.5 13.4 16.2 11.3 12.2 11.3
Solution:
sample size n = 7
12.1 ,11.5, 13.4, 16.2,11.3 ,12.2 ,11.3
Using calculator , we find the sample variance.
sample variance = s2 = 3.0990476190476
df = n - 1 = 7 - 1 = 6
Our aim is to construct 98% confidence interval for the population variance 2
c = 98% = 0.98
= 1 - c = 1 - 0.98 = 0.02
/ 2 = 0.01
1 - ( / 2) = 0.99
Now , using chi square table ,
= = 16.81
= = 0.87
The 98% confidence interval for 2 is,
( 7 - 1) *3.0990476190476/ 16.81< 2 < (7 -1 ) * 3.0990476190476/ 0.87
1.11 < 2 < 21.32