Question

In: Statistics and Probability

Suppose Peter, the receptionist at Dr. Mitchell’s office, is interested in the variation in waiting times...

Suppose Peter, the receptionist at Dr. Mitchell’s office, is interested in the variation in waiting times in the office on Fridays. He knows that the waiting time overall has a standard deviation of 9.7 minutes, which equates to a variance of (9.7)2=94.09 minutes2. For Fridays only, he collects a random sample of 32 waiting times and calculates the standard deviation for the wait time to be 6.9 minutes, which translates to a variance of (6.9)2=47.61 minutes2.

Compute the 95%

confidence interval for the variance in wait times on Fridays. Express the results to three decimal places. Find the upper and lower limit.

Solutions

Expert Solution

Answer:-

Given that:-

Suppose Peter, the receptionist at Dr. Mitchell’s office, is interested in the variation in waiting times in the office on Fridays. He knows that the waiting time overall has a standard deviation of 9.7 minutes, which equates to a variance of (9.7)2=94.09 minutes2. For Fridays only, he collects a random sample of 32 waiting times and calculates the standard deviation for the wait time to be 6.9 minutes, which translates to a variance of (6.9)2=47.61 minutes2.

n=32

Sample variance S^{2}=47.61

95% confidence interval for variance

confidence interval formula

n-1=32-1=31

df=n-1=31

  

Critical values   

Confidence interval is given by

Upper limit:- 84.151

Lower limit:- 30.600


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