Statistics for business and economics 13 e

23. Because of staffing decisions, managers of the Gibson-Marimont Hotel are interested in the variability in the number of rooms occupied per day during a particular season of the year. A sample of 20 days of operation shows a sample mean of 290 rooms occupied per day and a sample standard deviation of 30 rooms. a. What is the point estimate of the population variance? b. Provide a 90% confidence interval estimate of the population variance. c. Provide a 90% confidence interval estimate of the population standard deviation