Question: Find the 90% confidence interval for the variance and standard deviation for the lifetimes of inexpensive wristwatches if a sample of 24 watches has a
Find the 90% confidence interval for the variance and standard deviation for the lifetimes of inexpensive wristwatches if a sample of 24 watches has a standard deviation of 4.8 months. Assume the variable is normally distributed. Do you feel that the lifetimes are relatively consistent?
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