In problem 627, give a 95% confidence interval for the variance of the transit time for all
Question:
In problem 6–27, give a 95% confidence interval for the variance of the transit time for all goods.
In problem A transportation company wants to estimate the average length of time goods are in transit across the country. A random sample of 20 shipments gives x-bar = 2.6 days and s = 0.4 day.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Complete Business Statistics
ISBN: 9780077239695
7th Edition
Authors: Amir Aczel, Jayavel Sounderpandian
Question Posted: