Stock Prices A random sample of stock prices per share (in dollars) is shown. Find the 80% confidence intervals for the variance and standard deviation for the prices. Assume the variable is normally distributed. Round the sample variance and final answers to three decimal places. 7.50 75.37 12.00 28.37 13.88 26.69 14.75 46.12 10.87 40.25 60.50 28.00 28.25 6.94 45.12 Send data to Excel

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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Can you explain how I can find the variance for the data using the formula provided? I don’t understand what the numbers for E and X are.
✓2
✓3
7.50 75.37 12.00 28.37
13.88 26.69 14.75 46.12
10.87 40.25 60.50 28.00
28.25 6.94 45.12
Send data to Excel
<o<
5
X
✓6
Stock Prices A random sample of stock prices per share (in dollars) is shown. Find the 80% confidence intervals for the variance and standard deviation for the
prices. Assume the variable is normally distributed. Round the sample variance and final answers to three decimal places.
8
X9
10
Transcribed Image Text:✓2 ✓3 7.50 75.37 12.00 28.37 13.88 26.69 14.75 46.12 10.87 40.25 60.50 28.00 28.25 6.94 45.12 Send data to Excel <o< 5 X ✓6 Stock Prices A random sample of stock prices per share (in dollars) is shown. Find the 80% confidence intervals for the variance and standard deviation for the prices. Assume the variable is normally distributed. Round the sample variance and final answers to three decimal places. 8 X9 10
Example
(n-1)s²
Xright
d. f. = n-1
<
25
(n-1)s²
2
Xleft
Find the variance for the data. Use the formula shown below or your calculator.
n(EX²)-(EX)²
n(n-1)
Transcribed Image Text:Example (n-1)s² Xright d. f. = n-1 < 25 (n-1)s² 2 Xleft Find the variance for the data. Use the formula shown below or your calculator. n(EX²)-(EX)² n(n-1)
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