Math Problem Statement
Solution
The problem asks to construct the confidence intervals for the population variance and the population standard deviation , given a confidence level , sample standard deviation , and sample size .
Step-by-Step Solution:
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Confidence Interval for Population Variance : The confidence interval for the population variance is constructed using the chi-square distribution. The formula is:
Where:
- (sample size),
- (sample standard deviation),
- ,
- and are chi-square critical values for and with degrees of freedom.
-
Chi-Square Critical Values:
- ,
- .
-
Calculate the Confidence Interval for Variance: First, calculate :
Now, the confidence interval for variance is:
-
Confidence Interval for Population Standard Deviation : To find the confidence interval for the population standard deviation , simply take the square root of the bounds for the variance:
Final Answer:
- The confidence interval for the population variance is approximately .
- The confidence interval for the population standard deviation is approximately .
Would you like further details or have any questions?
Here are five additional related questions to explore:
- How does changing the confidence level affect the width of the confidence interval?
- How are chi-square distributions used in hypothesis testing for variances?
- What happens if the population is not normally distributed?
- How would you calculate a confidence interval for the population mean instead of variance?
- Why do we use the sample standard deviation instead of the population standard deviation?
Tip: The larger your sample size, the more precise your confidence intervals become.
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Math Problem Analysis
Mathematical Concepts
Confidence Interval
Population Variance
Population Standard Deviation
Chi-Square Distribution
Formulas
Confidence interval for variance: ((n-1) * s^2 / χ²_α/2, (n-1) * s^2 / χ²_1-α/2)
Confidence interval for standard deviation: (√lower_bound_variance, √upper_bound_variance)
Theorems
Chi-Square Distribution
Suitable Grade Level
College/University Statistics
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