ThanksSolutionGetting the mean and standard deviation of thi
Solution
Getting the mean and standard deviation of this sample,
X = 82
s = 12.57864151
a)
For the population mean:
Note that
Margin of Error E = t(alpha/2) * s / sqrt(n)
Lower Bound = X - t(alpha/2) * s / sqrt(n)
Upper Bound = X + t(alpha/2) * s / sqrt(n)
where
alpha/2 = (1 - confidence level)/2 = 0.025
X = sample mean = 82
t(alpha/2) = critical t for the confidence interval = 2.262157163
s = sample standard deviation = 12.57864151
n = sample size = 10
df = n - 1 = 9
Thus,
Margin of Error E = 8.998218072
Lower bound = 73.00178193
Upper bound = 90.99821807
Thus, the confidence interval is
( 73.00178193 , 90.99821807 ) [ANSWER]
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b)
For the population variance:
As
df = n - 1 = 9
alpha = (1 - confidence level)/2 = 0.025
Then the critical values for chi^2 are
chi^2(alpha/2) = 19.0227678
chi^2(alpha/2) = 2.7003895
Thus, as
lower bound = (n - 1) s^2 / chi^2(alpha/2) = 74.8576661
upper bound = (n - 1) s^2 / chi^2(1 - alpha/2) = 527.331335
Thus, the confidence interval for the variance is
( 74.8576661 , 527.331335 ) [ANSWER]
