Question: Please solve this for me. and interpret option b for me as well. thanks K The diameters (in inches) of 17 randomly selected bolts produced
Please solve this for me. and interpret option b for me as well. thanks

K The diameters (in inches) of 17 randomly selected bolts produced by a machine are listed. Use a 99% level of confidence to construct a confidence interval for (a) the population variance o and (b) the population standard deviation o. Interpret the results. 4 481 4 414 4011 4.331 4.005 3.751 3.828 3.774 4.243 3.947 4.112 4524 3.935 3.736 3.863 3.831 4.443 (a) The confidence interval for the population variance is () (Round to three decimal places as needed.) Interpret the results. Select the correct choice below and fill in the answer box(es) to complete your choice. (Round to three decimal places as needed.) O A. With 1% confidence, it can be said that the O B. With 99% confidence, it can be said that the population variance is between and population variance is between and O C. With 1% confidence, it can be said that the O D. With 99% confidence, it can be said that the population variance is greater than population variance is less than (b) The confidence interval for the population standard deviation is (Round to three decimal places as needed.) Interpret the results. Select the correct choice below and fill in the answer box(es) to complete your choice. (Round to three decimal place as needed )
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
