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Answer
We are given the data to calculate the sample variance, s2.
n = 7: 1.2, 3.4, 1.5, 2.1, 3.4, 2.7, 2.7
The sample variance is given by,
= 4.11429 (rounded to 5 decimal places)
Next, we have to construct a 95% confidence interval for the
population variance
.
The (1 -
)% confidence interval for the population variance
(when
is unknown) is given by,
Here,
= 0.05, n = 7.
Therefore,
= 14.449 and
= 1.237
And
= 7 x 4.11429 = 28.80003
Therefore, the 95% confidence interval for the population
variance
is,
(1.99, 23.28) (rounded to 2 decimal places)
Next, we would like to test
vs
using
= 0.05
The test statistic for
(when population mean
is unknwon) is,
Here,
= 28.80003 and
= 0.8
= 28.80003/0.8 = 36 (rounded to 2 decimal places)
Since, here we want to test whether population variance is equal to 0.8 or not, it is a two-sided test.
Therefore, H0 is rejected at 100%
significance if
either
or
and accept otherwise.
Here,
= 14.449 and
= 1.237
Hence,
or
Answer: The value of s2 is 4.11429. The 95% confidence
interval for the population variance
is 1.99 to 23.28. The test statistic
is 36. The rejection region is
> 14.45 or
< 1.24.
NEED THIS ANSWERED AS SOON AS POSSIBLE Use the data to calculate the sample variance, s....
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