Question

In: Statistics and Probability

Construct 95% confidence intervals for the population variance and population standard deviation of the given values...

  1. Construct 95% confidence intervals for
    1. the population variance and
    2. population standard deviation of the given values below
    3. Sketch the results and interpret your findings (15 points).

1.286   1.138   1.240   1.132   1.381   1.137

1.300   1.167   1.240   1.401   1.241   1.171

1.217   1.360   1.302   1.331   1.383

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Answer:

The given data: 1.286,1.138,1.240,1.132,1.381,1.137,1.300,1.167,1.240,1.401,1.241,1.171,1.217,1.360,1.302,1.331,1.383

x

1.286

1.6538

1.138

1.295

1.24

1.5376

1.132

1.2814

1.381

1.9072

1.137

1.2928

1.3

1.69

1.167

1.3619

1.24

1.5376

1.401

1.9628

1.241

1.5401

1.171

1.3712

1.217

1.4811

1.36

1.8496

1.302

1.6952

1.331

1.7716

1.383

1.9127

∑x = 21.427

∑x² = 27.1415



Mean:

x¯ = ∑x / n

     = 21.427 / 17

x¯ = 1.2604

a)

Population Variance:

σ² = [ ∑x² - (∑x)² / n ] / n

= [ 27.1415 - (21.427)² /17 ] / 17

= [ 27.1415 - 27.0068 ] / 17

= 0.1347 / 17

σ² = 0.0079

b)

Population Standard deviation σ:

σ = 0.0079

σ = 0.089

c)

Frequency Distribution Table
Class Frequency Percentage
1.1 - 1.179 5 29.50%
1.18 - 1.259 4 23.50%
1.26 - 1.339 4 23.50%
1.34 - 1.419 4 23.50%
Total 17 100.00%


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