As part of a survey, a marketing representative asks a random sample of 28 business owners how much theywould be willing to pay for a website for their company. She finds that the sample standard deviation is $3436.Assume the sample is taken from a normally distributed population. Construct 95% confidence intervals for (a)2the population variance of 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.)

n=28,s=sample standard deviations=3436

Answered: s part of a survey, a marketing…

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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