Use the given confidence level and sample data to find a confidence interval for the population standard deviation . Assume that a simple random sample has been selected from a population that has a normal distribution. Salaries of college who took a course in college
98% confidence n=81 x^-= $65,700 s=$17,931
the table of Chi-Square critical values.
$ < standard deviation < $
For n - 1 = 80 degrees of freedom, we have from chi square distribution tables here:
Also, we have here:
, Therefore,
Therefore the confidence interval for standard deviation here is computed as:
This is the required 98% confidence interval for population standard deviation here.
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