For a giveaway a local radio station is putting together goodie bags . The bags will include tickets and posters each bag will r
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Answer:
The 99% confidence interval of the population standard deviation is 1.7047 < σ < 7.485
Step-by-step explanation:
Confidence interval of standard deviation is given as follows;
s =
Where:
= Sample mean
s = Sample standard deviation
n = Sample size = 7
χ = Chi squared value at the given confidence level
= ∑x/n = (62 + 58 + 58 + 56 + 60 +53 + 58)/7 = 57.857
The sample standard deviation s = = 2.854
The test statistic, derived through computation, = ±3.707
Which gives;
1.7047 < σ < 7.485
The 99% confidence interval of the population standard deviation = 1.7047 < σ < 7.485.