In: Statistics and Probability
Calculate the two-sided 95% confidence interval for the population standard deviation (sigma) given that a sample of size n=8 yields a sample standard deviation of 7.96.
ANSWER:
Given that,
Calculate the two-sided 95% confidence interval for the population standard deviation (sigma) given that a sample of size n=8 yields a sample standard deviation of 7.96.
Sample size = n = 8
Sample standard deviation = s = 7.96
c = 95% = 95/100 = 0.95
= 1-c = 1-0.95 = 0.05
/2 = 0.05/2 = 0.025
1-(/2) = 1-(0.025) = 0.975
= = = 16.012764
= = = 1.689869
95% confidence interval for the population standard deviation (sigma)
(n-1) / < < (n-1) /
((8-1)*(7.96)^2) /16.012764 < < ((8-1)*(7.96)^2) /1.689869
27.698603439 < < 262.464841949
sqrt(27.698603439) < < sqrt(262.464841949)
5.262946269818836 < < 16.20076670867771
5.2629 < < 16.2008
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