Math Problem Statement
The waiting times (in minutes) of a random sample of 22 people at a bank have a sample standard deviation of 3.4 minutes. Construct a confidence interval for the population variance sigma squared and the population standard deviation sigma. Use a 95 % level of confidence. Assume the sample is from a normally distributed population. Question content area bottom Part 1 What is the confidence interval for the population variance sigma squared? ( enter your response here, enter your response here) (Round to one decimal place as needed.)
Solution
To construct the confidence interval for the population variance , we can use the chi-square distribution. The formula for the confidence interval for the population variance is given by:
Where:
- is the sample size (22 in this case),
- is the sample variance (the square of the sample standard deviation),
- is the level of significance (for a 95% confidence interval, ),
- and are the critical values from the chi-square distribution for degrees of freedom.
Step 1: Find the sample variance
The
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Math Problem Analysis
Mathematical Concepts
Statistics
Chi-Square Distribution
Confidence Interval
Population Variance
Sample Standard Deviation
Formulas
Confidence Interval for Population Variance: ( (n-1) * s^2 / chi-squared(α/2), (n-1) * s^2 / chi-squared(1-α/2) )
Theorems
Chi-Square Distribution for Confidence Intervals
Suitable Grade Level
Grades 11-12
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