A chocolate chip cookie manufacturing company recorded the number of chocolate chips in a sample of 70 cookies. The mean is 23.71 and the standard deviation is 2.47 Construct a 98% confidence interval estimate of the standard deviation of the numbers of chocolate chips in all such cookies.
Answer:
Given,
Here at 98% CI, alpha = 0.02
degree of freedom = n - 1
= 70 - 1
= 69
Chi square corresponding to alpha 0.02 & df 69, L = 44.639 & R = 99.227
Consider,
98% CI = sqrt((n-1)*s^2/R) < < sqrt((n-1)*s^2/L)
substitute values
= sqrt((70-1)*2.47^2/99.227) < < sqrt((70-1)*2.47^2/44.639)
= 2.06 < < 3.07
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