Problem 3 A rivet is to be inserted into a hole. A random sample of n = 18 is selected and the hole diameter is measured. The hole diameter is assumed to be normally distributed. The sample variance of the hole diameter of these 18 samples is s? = (0.023)² mm². Construct a 99% two-sided confidence interval on the true o of the hole diameter. Provide an interpretation on your result. [12 points]

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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Problem 3
A rivet is to be inserted into a hole. A random sample ofn = 18 is selected and the hole diameter
is measured. The hole diameter is assumed to be normally distributed. The sample variance of
the hole diameter of these 18 samples is s? = (0.023)? mm?. Construct a 99% two-sided
confidence interval on the true o of the hole diameter. Provide an interpretation on your result.
[12 points]
Transcribed Image Text:Problem 3 A rivet is to be inserted into a hole. A random sample ofn = 18 is selected and the hole diameter is measured. The hole diameter is assumed to be normally distributed. The sample variance of the hole diameter of these 18 samples is s? = (0.023)? mm?. Construct a 99% two-sided confidence interval on the true o of the hole diameter. Provide an interpretation on your result. [12 points]
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