The thickness 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 thickness of all aluminum sheets in this factory. Assume that the population is normally distributed. Round your answer to two decimal places.
I have been working on these problems for 8 hours and im still not getting it. They are due tomorrow. Thank you.
Confidence interval for population variance is given as below:
[(n – 1)*S2 / χ2α/2, n– 1 ] < σ < [(n – 1)*S2 / χ21 -α/2, n– 1 ]
We are given
Confidence level = 98%
Sample size = n = 81
Degrees of freedom = n – 1 = 80
Sample Variance = S^2 = 3.23
χ2α/2, n – 1 = 112.3288
χ21 -α/2, n– 1 = 53.5401
(By using chi square table)
[(n – 1)*S2 / χ2α/2, n– 1 ] < σ^2 < [(n – 1)*S2 / χ21 -α/2, n– 1 ]
[(81 – 1)* 3.23 / 112.3288] < σ^2 < [(81 – 1)* 3.23/ 53.5401]
2.3004 < σ^2 < 4.8263
Lower limit = 2.30
Upper limit = 4.83
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