Use the data in Problem 8.53 to construct a 99% confidence interval to estimate the population variance
Question:
Use the data in Problem 8.53 to construct a 99% confidence interval to estimate the population variance for the number of diapers used during a 24-hour period for one-month-olds. How could information about the population variance be used by a manufacturer or marketer in planning?
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Related Book For
Business Statistics For Contemporary Decision Making
ISBN: 978-1118749647
8th edition
Authors: Black Ken
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