According to Human Resources and Skills Development Canada, the average workweek in Canada was 36.5 hours. Suppose
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According to Human Resources and Skills Development Canada, the average workweek in Canada was 36.5 hours. Suppose this figure was obtained from a random sample of 20 workers and that the standard deviation of the sample was 4.3 hours. Assume hours worked per week are normally distributed in the population. Use this sample information to develop a 98% confidence interval for the population variance of the number of hours worked per week for a worker. What is the point estimate?
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Business Statistics For Contemporary Decision Making
ISBN: 9781119577621
3rd Canadian Edition
Authors: Ken Black, Ignacio Castillo
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