In: Statistics and Probability
Listed below are speeds (mi/h) measured from traffic on a busy highway. This simple random sample was obtained at 3:30 P.M. on a weekday. Use the sample data to construct
a 98% confidence interval estimate of the population standard deviation.
|
62 |
60 |
60 |
56 |
60 |
53 |
59 |
58 |
59 |
68 |
58 |
67 |
The standard deviation here is computed as:
| X | (X - Mean(X)) | (X - Mean(X))^2 |
| 62 | 2 | 4 |
| 60 | 60 | 3600 |
| 60 | 60 | 3600 |
| 56 | 56 | 3136 |
| 60 | 60 | 3600 |
| 53 | 53 | 2809 |
| 59 | 59 | 3481 |
| 58 | 58 | 3364 |
| 59 | 59 | 3481 |
| 68 | 68 | 4624 |
| 58 | 58 | 3364 |
| 67 | 67 | 4489 |
| 720 | 39552 |
The sample mean here is computed as:

The sample standard deviation now is computed here as:

Now for n - 1 = 11 degrees of freedom, we get from chi square distribution tables:


Therefore the confidence interval here is obtained as:



This is the required 98% confidence interval here.