As part of a survey, a marketing representative asks a random sample of 29 business owners how much they would be willing to pay for a website for their company. She finds that the sample standard deviation is $3376. Assume the sample is taken from a normally distributed population. Construct 90% confidence intervals for (a) the population variance o? and (b) the population standard deviation o. Interpret the results. (a) The confidence interval for the population variance is ( ). (Round to the nearest integer as needed.)

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As part of a survey, a marketing representative asks a random sample of 29 business owners how much they would be willing to pay for a website for their company. She
finds that the sample standard deviation is $3376. Assume the sample is taken from a normally distributed population. Construct 90% 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 (, ).
(Round to the nearest integer as needed.)
Transcribed Image Text:6.4.20-1 Question Help As part of a survey, a marketing representative asks a random sample of 29 business owners how much they would be willing to pay for a website for their company. She finds that the sample standard deviation is $3376. Assume the sample is taken from a normally distributed population. Construct 90% 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 (, ). (Round to the nearest integer as needed.)
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