A simple random sample of size (n) is drawn from a population that is known to be
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A simple random sample of size \(n\) is drawn from a population that is known to be normally distributed. The sample variance, \(s^{2}\), is determined to be 12.4.
(a) Construct a \(90 \%\) confidence interval for \(\sigma^{2}\) if the sample size, \(n\), is 20 .
(b) Construct a 90\% confidence interval for \(\sigma^{2}\) if the sample size, \(n\), is 30 . How does increasing the sample size affect the width of the interval?
(c) Construct a \(98 \%\) confidence interval for \(\sigma^{2}\) if the sample size, \(n\), is 20.
Compare the results with those obtained in part (a). How does increasing the level of confidence affect the confidence interval?
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Related Book For
Statistics Informed Decisions Using Data
ISBN: 9781292157115
5th Global Edition
Authors: Michael Sullivan
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