A magazine includes a report on the energy costs p The article states that 14 randomly selected 32-inch $3.27 Assume the sample is taken from ormall

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 13PPS
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A magazine includes a report on the energy costs per year for 32-inch liquid crystal display (LCD) televisions.
The article states that 14 randomly selected 32-inch LCD televisions have a sample standard deviation of
$3.27. Assume the sample is taken from a normally distributed population. Construct 80% confidence intervals
for (a) the population variance and (b) the population standard deviation σ. Interpret the results.
Transcribed Image Text:A magazine includes a report on the energy costs per year for 32-inch liquid crystal display (LCD) televisions. The article states that 14 randomly selected 32-inch LCD televisions have a sample standard deviation of $3.27. Assume the sample is taken from a normally distributed population. Construct 80% confidence intervals for (a) the population variance and (b) the population standard deviation σ. Interpret the results.
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