A magazine includes a report on the energy costs per year for​ 32-inch liquid crystal display​ (LCD) televisions. The article states that 14 randomly selected​ 32-inch LCD televisions have a sample...




A magazine includes a report on the energy costs per year for​ 32-inch liquid crystal display​ (LCD) televisions. The article states that
14

randomly selected​ 32-inch LCD televisions have a sample standard deviation of
​$3.37.

Assume the sample is taken from a normally distributed population. Construct
98​%

confidence intervals for​ (a) the population variance
σ2

and​ (b) the population standard deviation
σ.

Interpret the results.





​(a) The confidence interval for the population variance is ?!




Jun 10, 2022
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