A random sample of 25 observations is used to estimate the population variance. The sample mean and
Question:
a. Construct the 90% interval estimate for the population variance.
b. Construct the 99% interval estimate for the population variance.
c. Use your answers to discuss the impact of the confidence level on the width of the interval.
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Related Book For
Business Statistics Communicating With Numbers
ISBN: 9780078020551
2nd Edition
Authors: Sanjiv Jaggia, Alison Kelly
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