An electrical manufacturing firm producing molded case circuit breakers claims that their breakers will last, on average, 30 years with a variance of 12.5 years. If five of these breakers have a variance of 10.89 years, construct a 95% confidence interval for the variance and decide if the manufacturing firm's claim that a variance of 12.5 years is valid. Assume the population of the breaker lives to be approximately normally distributed.
An electrical manufacturing firm producing molded case circuit breakers claims that their breakers will last, on average, 30 years with a variance of 12.5 years. If five of these breakers have a variance of 10.89 years, construct a 95% confidence interval for the variance and decide if the manufacturing firm's claim that a variance of 12.5 years is valid. Assume the population of the breaker lives to be approximately normally distributed.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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An electrical manufacturing firm producing molded case circuit breakers claims that their breakers will last, on average, 30 years with a variance of 12.5 years. If five of these breakers have a variance of 10.89 years, construct a 95% confidence interval for the variance and decide if the manufacturing firm's claim that a variance of 12.5 years is valid. Assume the population of the breaker lives to be approximately normally distributed.
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