The waiting times (in minutes) of a random sample of 22 people at a bank have a sample standard deviation of 4.5 minutes. Construct a confidence interval for the population variance o² and the population standard deviation o. Use a 95% level of confidence. Assume the sample is from a normally distributed population. What is the confidence interval for the population variance o (Round to one decimal place as needed.) Interpret the results. Select the correct choice below and fill in the answer box(es) to complete your choice. (Round to one decimal place as needed.) OA. With 95% confidence, you can say that the population variance is between and OC. With 95% confidence, you can say that the population variance is less than OB. With 5% confidence, you can say that the population variance is greater than OA. With 5% confidence, you can say that the population standard deviation is less than minutes. OD. With 5% confidence, you can say that the population variance is between and What is the confidence interval for the population standard deviation o? (Round to one decimal place as needed.) Interpret the results. Select the correct choice below and fill in the answer box(es) to complete your choice. (Round to one decimal place as needed.) B. With 95% confidence, you can say that the population standard deviation is greater than minutes.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
The waiting times (in minutes) of a random sample of 22 people at a bank have a sample standard deviation of 4.5
2
minutes. Construct a confidence interval for the population variance of and the population standard deviation o. Use a
95% level of confidence. Assume the sample is from a normally distributed population.
What is the confidence interval for the population variance of?
(Round to one decimal place as needed.)
Interpret the results. Select the correct choice below and fill in the answer box(es) to complete your choice.
(Round to one decimal place as needed.)
OA. With 95% confidence, you can say that the
population variance is between and
OC. With 95% confidence, you can say that the
population variance is less than
OB. With 5% confidence, you can say that the
population variance is greater than
OA. With 5% confidence, you can say that the
population standard deviation is less than
minutes.
OD. With 5% confidence, you can say that the
population variance is between and
What is the confidence interval for the population standard deviation o?
(Round to one decimal place as needed.)
Interpret the results. Select the correct choice below and fill in the answer box(es) to complete your choice.
(Round to one decimal place as needed.)
A
OB. With 95% confidence, you can say that the
population standard deviation is greater than
minutes.
0
Transcribed Image Text:The waiting times (in minutes) of a random sample of 22 people at a bank have a sample standard deviation of 4.5 2 minutes. Construct a confidence interval for the population variance of and the population standard deviation o. Use a 95% level of confidence. Assume the sample is from a normally distributed population. What is the confidence interval for the population variance of? (Round to one decimal place as needed.) Interpret the results. Select the correct choice below and fill in the answer box(es) to complete your choice. (Round to one decimal place as needed.) OA. With 95% confidence, you can say that the population variance is between and OC. With 95% confidence, you can say that the population variance is less than OB. With 5% confidence, you can say that the population variance is greater than OA. With 5% confidence, you can say that the population standard deviation is less than minutes. OD. With 5% confidence, you can say that the population variance is between and What is the confidence interval for the population standard deviation o? (Round to one decimal place as needed.) Interpret the results. Select the correct choice below and fill in the answer box(es) to complete your choice. (Round to one decimal place as needed.) A OB. With 95% confidence, you can say that the population standard deviation is greater than minutes. 0
Expert Solution
steps

Step by step

Solved in 4 steps with 3 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman