The thicknesses of 81 randomly selected aluminum sheets were found to have a variance of 3.23. Construct the 98% confidence interval for the population variance of the thicknesses of all aluminum sheets in this factory. Round your answers to two decimal places.
Solution :
Given that,
Point estimate = s2 = 3.23
2R = 2/2,df = 112.329
2L = 21 - /2,df = 53.540
The 98% confidence interval for 2 is,
(n - 1)s2 / 2/2 < 2 < (n - 1)s2 / 21 - /2
80 * 3.23 / 112.329 < 2 < 80 * 53.540 / 53.540
2.30 < 2 < 4.83
(2.30 , 4.83)
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