We found xo.025 - 23.337 and xo.975 - 4.404. Recall the sample standard deviation s = 12.95, and sample size n - 13. Substitute these values to first find the lower bound for the confidence interval of the population variance, rounding the result to three decimal places. (n – 1)s2 xa/2 (13 - 1)12.952 lower bound - Now substitute these values to find the upper bound for the confidence interval of the population variance, rounding the result to three decimal places. (n – 1)s2 upper bound - X1- a/2 (13 – 1)12.952 Therefore, a 95% confidence interval for the population variance for the underpricing-overpricing indicator is to
We found xo.025 - 23.337 and xo.975 - 4.404. Recall the sample standard deviation s = 12.95, and sample size n - 13. Substitute these values to first find the lower bound for the confidence interval of the population variance, rounding the result to three decimal places. (n – 1)s2 xa/2 (13 - 1)12.952 lower bound - Now substitute these values to find the upper bound for the confidence interval of the population variance, rounding the result to three decimal places. (n – 1)s2 upper bound - X1- a/2 (13 – 1)12.952 Therefore, a 95% confidence interval for the population variance for the underpricing-overpricing indicator is to
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Topic Video
Question

Transcribed Image Text:Step 3
We found xo 025 = 23.337 and x975 = 4.404. Recall the sample standard deviation s = 12.95, and sample
2
0.975
size n = 13.
Substitute these values to first find the lower bound for the confidence interval of the population variance,
rounding the result to three decimal places.
(n – 1)s?
2
lower bound
(13 – 1)12.952
Now substitute these values to find the upper bound for the confidence interval of the population variance,
rounding the result to three decimal places.
(n - 1)s2
upper bound =
X1- a/2
(13 – 1)12.952
Therefore, a 95% confidence interval for the population variance for the underpricing-overpricing indicator is
to
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Recommended textbooks for you

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

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
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

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
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON

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
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman