In: Statistics and Probability
You randomly select and measure the contents of
10 bottles of cough syrup. The results (in fluid ounces) are shown to the right. |
|
Assume the sample is taken from a normally distributed population. Construct 95%
confidence intervals for (a) the population variance
σ^2
and (b) the population standard deviation
σ.
Interpret the results.
Values ( X ) | Σ ( Xi - X̅ )2 | |
4.213 | 0.001 | |
4.293 | 0.0024 | |
4.252 | 0.0001 | |
4.242 | 0 | |
4.183 | 0.0038 | |
4.293 | 0.0024 | |
4.265 | 0.0004 | |
4.243 | 0 | |
4.226 | 0.0003 | |
4.235 | 0.0001 | |
Total | 42.445 | 0.0105 |
Mean X̅ = Σ Xi / n
X̅ = 42.445 / 10 = 4.2445
Sample Standard deviation SX = √ ( (Xi - X̅ )2 / n - 1 )
SX = √ ( 0.0105 / 10 -1 ) = 0.0342
χ2 (0.05/2, 10 - 1 ) = 19.0228
χ2 (1 - 0.05/2, 10 - 1) ) = 2.7004
Lower Limit = (( 10-1 ) 0.00117 / χ2 (0.05/2) ) = 0.0006
Upper Limit = (( 10-1 ) 0.00117 / χ2 (0.05/2) ) = 0.0039
95% Confidence interval is ( 0.0006 , 0.0039 )
( 0.0006 < σ2 < 0.0039 )
( 0.0235 < σ < 0.0624 )
We are 95% confidence that the true population variance lies within the interval ( 0.0006 , 0.0039 ).
We are 95% confidence that the true population standard deviation lies within the interval ( 0.0235 , 0.0624 ).