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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