You randomly select and measure the contents of 10 bottles o
You randomly select and measure the contents of 10 bottles of cough syrup. The results are shown 4.218 4.282 4.292 4.265 4.258 4.249 4.241 4.229 4.185 4.234 Assume the sample is taken from a normally distributed population. Construct 80% confidence interals for (a)the population variance 2 and (b) the population standard deviation . What is the confidence interval for the population variance.
Solution
Getting the sample standard deviation,
s = 0.031418501
As
df = n - 1 = 9
alpha = (1 - confidence level)/2 = 0.1
Then the critical values for chi^2 are
chi^2(alpha/2) = 14.68365657
chi^2(alpha/2) = 4.168159008
Thus, as
lower bound = (n - 1) s^2 / chi^2(alpha/2) = 0.000605033
upper bound = (n - 1) s^2 / chi^2(1 - alpha/2) = 0.002131421
Thus, the confidence interval for the variance is
( 0.000605033 , 0.002131421 ) [ANSWER, FOR VARIANCE, A]
Also, for the standard deviation, getting the square root of the bounds,
( 0.024597423 , 0.046167311 ) [ANSWER, FOR STANDARD DEVIATION, B]
