In: Statistics and Probability
Use technology to construct the confidence intervals for the population variance σ2 and the population standard deviation σ2
Assume the sample is taken from a normally distributed population.
c=0.980.98,
s2=4.844.84,
n=2727
The confidence interval for the population variance is
(Round to two decimal places as needed.)
(a)
Use technology to construct the confidence intervals for the population variance σ2 :
n = 27
s2 = 4.84
= 0.02
df = 27 - 1 = 26
Confidence Interval:
Low end:
By Technology: Using the function CHIINV (0.01,26) on Excel, we get:
Low End:
High End:
By Technology: Using the function CHIINV (0.99,26) on Excel, we get:
High End:
Confidence Interval:
2.76 < < 10.32
(b)
Use technology to construct the confidence intervals for the population standard deviation σ
n = 27
s2 = 4.84
= 0.02
df = 27 - 1 = 26
Confidence Interval:
Low end:
By Technology: Using the function CHIINV (0.01,26) on Excel, we get:
Low End:
High End:
By Technology: Using the function CHIINV (0.99,26) on Excel, we get:
High End:
Confidence Interval:
1.66 < < 3.21