Question: A simple random sample of size (n) is drawn from a population that is known to be normally distributed. The sample variance, (s^{2}), is determined
A simple random sample of size \(n\) is drawn from a population that is known to be normally distributed. The sample variance, \(s^{2}\), is determined to be 19.8 .
(a) Construct a \(95 \%\) confidence interval for \(\sigma^{2}\) if the sample size, \(n\), is 10 .
(b) Construct a \(95 \%\) confidence interval for \(\sigma^{2}\) if the sample size, \(n\), is 25 . How does increasing the sample size affect the width of the interval?
(c) Construct a \(99 \%\) confidence interval for \(\sigma^{2}\) if the sample size, \(n\), is 10.
Compare the results with those obtained in part (a). How does increasing the level of confidence affect the width of the confidence interval?
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