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 405: 13

Answer

$\bar{x}$ =$\frac{∑X}{n}$ =$\frac{3405}{14}$ = 243.2143 s^2 = $\frac{ n(∑X^2) - [(∑X)^2] }{n(n-1)}$ = $\frac{11697350- 11594025}{14*13}$ =567.7198 s = $ \sqrt 567.7198 \ $ s =23.8269 n = 14, s = 4.4483 , df = 14-1=13, α = 1-0.95 = 0.05 To find χ2 right , α/2=0.025 From the table, χ2 right = 24.736 To find χ2 left, 1-0.025=0.975 From the table, χ2 left =5.009 The Confidence Interval for a Variance: $ \frac{(n-1)s^2}{χ2 right}$ < $σ^{2}$ < $ \frac{(n-1)s^2}{ χ2 left}$ $ \frac{13*23.8269^2}{24.736}$ < $σ^{2}$ < $ \frac{13*23.8269^2}{5.009}$ = 298.365 calories< $σ^{2}$ < 1473.419 calories The Confidence Interval for a Standard Deviation: $\sqrt 298.365$ < σ< $\sqrt 1473.419$ 17.2733 calories < σ < 38.3851 calories Hence, we can be 95% confident that the true population variance for the calories in a standard size candy bar is between 298.365 calories to 1473.419 calories , while the true population standard deviation is between 17.2733 calories to 38.3851 calories based on a sample of 14 randomly selected candy bars.
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.