The following data represent the prices for a 4 GB flash memory card from online retailers. Treat
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The following data represent the prices for a 4 GB flash memory card from online retailers. Treat these data as a simple random sample of all online retailers. In Problem 35 from Section 9.2, it was verified that the data are normally distributed and that s = 2.343 dollars. Construct and interpret a 95% confidence interval for the standard deviation price of a 4 GB flash memory card. Interpret the interval.
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Related Book For
Statistics Informed Decisions Using Data
ISBN: 9780321757272
4th Edition
Authors: Michael Sullivan III
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