Elementary Statistics: A Step-by-Step Approach with Formula Card 9th Edition

Published by McGraw-Hill Education
ISBN 10: 0078136334
ISBN 13: 978-0-07813-633-7

Chapter 7 - Confidence Intervals and Sample - 7-4 Confidence Intervals for Variances and Standard Deviations - Exercises 7-4 - Page 404: 8

Answer

n = 24, s = 2.3 years, df = 24-1=23, α = 1-0.9 = 0.10 To find χ2 right , α/2=0.05 From the table, χ2 right =35.172 To find χ2 left, 1-0.05=0.95 From the table, χ2 left =13.091 The Confidence Interval for a Variance: $ \frac{(n-1)s^2}{χ2 right}$ < $σ^{2}$ < $ \frac{(n-1)s^2}{ χ2 left}$ $ \frac{23*2.3^2}{35.172}$ < $σ^{2}$ < $ \frac{23*2.3^2}{13.091}$ = 3.46 years < $σ^{2}$ < 9.29 years The Confidence Interval for a Standard Deviation: $\sqrt 3.46$ < σ< $\sqrt 9.29$ 1.86 years < σ < 3.05 years Hence, we can be 90% confident that the true population variance of the ages of seniors at Oak Park College is between 3.46 years to 9,29 years, while the true population standard deviation is between 1.86 years to 3.05 years based on a sample of 24 students.
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