In: Math
Suppose that for a dataset the mean is known. Using the 25
random samples, we computed the sample variance as s^2=0.001.
a) Does the data support the claim that the true standard deviation
is less than 0.05? (use alpha = 0.05 and alternative hypothesis
sigma^2 < 0.0025)
b) Compute a two-sided 95% confidence interval for the true
variance of the data.