In: Statistics and Probability
One type of cookie manufactured by Haddad Food Company is Cocoa Cookies. A machine fills packages of these cookies. From time to time the quality control inspector at the company selects a sample of a few such packages, calculates the variance of the net weights of these packages, and constructs a 95% confidence interval for the population variance and standard deviation. A recently taken random sample of 25 packages from the production line gave a sample standard deviation of .15. Find the 95% confidence interval for standard deviation and variance.
Solution :
Given that,
s = 0.15
Point estimate = s2 = 0.0225
df = 24
2R = 2/2,df = 39.364
2L = 21 - /2,df = 12.401
(a)
The 95% confidence interval for 2 is,
(n - 1)s2 / 2/2 < 2 < (n - 1)s2 / 21 - /2
24 * 0.0225 / 39.364 < 2 < 24 * 0.0225 / 12.401
0.0137 < 2 < 0.0435
(0.0137 , 0.0435)
b)
The 95% confidence interval for is,
0.1171 < < 0.2087
(0.1171 , 0.2087)