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 12.4.
(a) Construct a \(90 \%\) confidence interval for \(\sigma^{2}\) if the sample size, \(n\), is 20 .
(b) Construct a 90\% confidence interval for \(\sigma^{2}\) if the sample size, \(n\), is 30 . How does increasing the sample size affect the width of the interval?
(c) Construct a \(98 \%\) confidence interval for \(\sigma^{2}\) if the sample size, \(n\), is 20.
Compare the results with those obtained in part (a). How does increasing the level of confidence affect the confidence interval?
Step by Step Solution
3.34 Rating (154 Votes )
There are 3 Steps involved in it
a Lower bound 782 upper bound 2329 ... View full answer
Get step-by-step solutions from verified subject matter experts
