Question: Please help me solve this statistics problem Interferences about the population Show all work please. 3. [40 POINTS=5+10+5+10+101 A STUDY OF THE VARIANCE IN STUDENTS'

Please help me solve this statistics problem

Interferences about the population

Show all work please.

Please help me solve this statistics problemInterferences about the populationShow all work

3. [40 POINTS=5+10+5+10+101 A STUDY OF THE VARIANCE IN STUDENTS' MONTHLY EXPENSES WAS CONDUCTED. ASSUME THAT FOR A RANDOM LY SELECTED STUDENT, THE AMOUNT SPENT PER MONTH IS NORMALLY DISTRIBUTED WITH UNKNOWN PARAMETERS. A SAMPLE OF 16 STUDENTS WAS SELECTED WITH THE SAMPLE SUMMARIES AS FOLLOWS: (SAMPLE MEAN) = $1,350 AND (SAMPLE STANDARD DEVIATION) = $13. (A) (B) (C) (D) (E) AT THE 1% SIGNIFICANCE LEVEL, DO RESEARCHERS HAVE EVIDENCE THAT THE POPULATION VARIANCE WAS BELOW 900? CIRCLE APPROPRIATE ANSWER: YES! NO! SPECIFY THE TEST STATISTIC VALUE, CRITICAL VALUE, AND TEST STATISTIC VALUE. THEN FORMULATE THE REJECI'ION RULE. TEST STATISTIC VALUE = CRITICAL VALUE(S): REJECPION RULE STATES... AT THE 1% SIGNIFICANCE LEVEL, CAN RESEARCHERS STATE THAT THE POPULATION VARIANCE WAS ABOVE 160? CIRCLE APPROPRIATE ANSWER: YES! NO! SPECIFY THE TEST STATISTIC VALUE, CRITICAL VALUE, AND TEST STATISTIC VALUE. THEN FORMULATE THE REJECTION RULE. TEST STATISTIC VALUE = CRITICAL VALUE(S): REJECI'ION RULE STATES... ESTIMATE THE POPULATION VARIANCE WITH THE 95% CONFIDENCE (ROUND OFF THE ANSWERS TO THE 2\"\" DECIMAL PLACE). SPECIFY THE CRITICAL VALUES NEEDED FOR THIS PROCEDURE. UPPER CONFIDENCE LIMIT = CRITICAL VALU E = LOWER CONFIDENCE LIMIT = CRITICAL VALUE =

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