MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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part of a​ survey, a marketing representative asks a random sample of
28
business owners how much they would be willing to pay for a website for their company. She finds that the sample standard deviation is
​$3600.
Assume the sample is taken from a normally distributed population. Construct
95​%
confidence intervals for​ (a) the population variance
σ2
and​ (b) the population standard deviation
σ.
Interpret the results.
​(a) The confidence interval for the population variance is
​(81009378100937​,24011528.24011528.​).
​(Round to the nearest integer as​ needed.)
 
Interpret the results. Select the correct choice below and fill in the answer​ box(es) to complete your choice.
​(Round to the nearest integer as​ needed.)
 
 
A.
With
5​%
​confidence, you can say that the population variance is between
 
nothing
and
 
nothing.
 
B.
With
95​%
​confidence, you can say that the population variance is between
 
nothing
and
 
nothing.
 
C.
With
95​%
​confidence, you can say that the population variance is
less
than
 
nothing.
 
D.
With
5​%
​confidence, you can say that the population variance is
greater
than
 
nothing.
As part of a survey, a marketing representative asks a random sample of 28 business owners how much they would be willing to pay for a website for
their company. She finds that the sample standard deviation is $3600. Assume the sample is taken from a normally distributed population. Construct
95% confidence intervals for (a) the population variance o2 and (b) the population standard deviation o. Interpret the results.
(a) The confidence interval for the population variance is ( 8100937, 24011528. ).
(Round to the nearest integer as needed.)
Interpret the results. Select the correct choice below and fill in the answer box(es) to complete your choice.
(Round to the nearest integer as needed.)
O A. With 5% confidence, you can say that the population variance is between
O and .
O B. With 95% confidence, you can say that the population variance is between
| and .
OC. With 95% confidence, you can say that the population variance is less
O D. With 5% confidence, you can say that the population variance is greater
than
than
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Transcribed Image Text:As part of a survey, a marketing representative asks a random sample of 28 business owners how much they would be willing to pay for a website for their company. She finds that the sample standard deviation is $3600. Assume the sample is taken from a normally distributed population. Construct 95% confidence intervals for (a) the population variance o2 and (b) the population standard deviation o. Interpret the results. (a) The confidence interval for the population variance is ( 8100937, 24011528. ). (Round to the nearest integer as needed.) Interpret the results. Select the correct choice below and fill in the answer box(es) to complete your choice. (Round to the nearest integer as needed.) O A. With 5% confidence, you can say that the population variance is between O and . O B. With 95% confidence, you can say that the population variance is between | and . OC. With 95% confidence, you can say that the population variance is less O D. With 5% confidence, you can say that the population variance is greater than than
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