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In planning both market opportunity and production levels, being able to estimate the size of a...

In planning both market opportunity and production levels, being able to estimate the size of a market can be important. Suppose a diaper manufacturer wants to know how many diapers a one-month-old baby uses during a 24-hour period. To determine this usage, the manufacturer’s analyst randomly selects 17 parents of one-month olds and asks them to keep track of diaper usage for 24 hours. The results are shown. Construct a 99% confidence interval to estimate the population variance for the number of diapers used during a 24-hour period for one-month-olds. Assume diaper usage is normally distributed. 7 8 11 9 13 14 13 13 9 13 11 8 11 15 13 7 7

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