Assume that the heights of female executives are normally distributed. A random sample of 20 female executives have a mean height of 62.5 inches and a standard deviation of 1.7 inches. Construct a 98% confidence interval for the population variance, sigma squared. Round to the nearest thousandth.
Given that,
Sample size,
n = 20
Sample mean,
= 62.5
Standrad deviation,
s = 1.7
Degrees of freedom = df = n - 1 = 20 - 1 = 19
= 1 - 0.98 = 0.02
/ 2 = 0.02 / 2 = 0.01
1 - / 2 = 1 - 0.01 = 0.99
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