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The age of managers in particular industry is normally distributed with mean μ=35. A group of...

The age of managers in particular industry is normally distributed with mean μ=35. A group of 30 managers was sampled and resulted in a mean of 39 and standard deviation of 3.5. Construct a 95% confidence interval for the population standard deviation.

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Answer #1

95% confidence interval for \sigma is

Sqrt [ (n-1) S2 / \chi ^{2}\alpha/2 ] < \sigma < Sqrt [ (n-1) S2 / \chi ^{2}1-\alpha/2 ]

Sqrt [ (30 - 1) 3.52 / 45.722 ] < \sigma < Sqrt [ (30 - 1) 3.52 / 16.047 ]

2.7003 < \sigma < 4.7051

95% CI is ( 2.7003 , 4.7051)

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