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 sigma squared and (b) the population standard deviation sigma. Interpret the results.
4.477 4.427 4.024 4.309 4.006 3.742 3.829 3.749 4.224 3.961 4.128 4.573 3.958 3.742 3.857 3.832 4.465
(a) The confidence interval for the population variance is (__,__). (Round to three decimal places as needed.)
n = sample size = 17
s^2 = population variance = 0.070892
= 28.845
= 6.908
= [(17-1) * (0.070892)] / 28.8845 < S^2 < [(17-1) * (0.070892)] / 6.908
= 0.0393 < S^2 < 0.1642 answer of question a
= 0.1982 < S^2 < 0.4052 answer of question b
a) the confidence interval for the population variance is 0.1982 to 0.4052
We say that the population variance is estimated to be 0.070892. From the calculation we are 95% confident that the true population variance is between 0.0393 and 0.1642.
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