Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

An auto manufacturing company wants to estimate the variance of miles per gallon for its auto model AST72. A random sample of 24 cars of

An auto manufacturing company wants to estimate the variance of miles per gallon for its auto model AST72. A random sample of 24 cars of this model showed that the standard deviation of miles per gallon is 0.58. Assume that the miles per gallon for all such cars (approximately) normally distributed. The 98% confidence interval for the population variance is:

Select one:

a.

0.1858 - 0.7588

b.

0.4310 - 0.8711

c.

0.3204 - 1.3084

d.

0.5660 - 1.1439

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Exploring Economics

Authors: Robert L Sexton

5th Edition

978-1439040249, 1439040249

Students also viewed these Mathematics questions