Test population variance & deviation for hours spent studyin
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A random sample of 16 students showed that the variance in the number of hours they spend studying for a final exam was 25 hours^2.
a. Construct a 95% confidence interval for the population variance and standard deviation of hours spent studying. Assume the population of hours spent studying is normally distributed.
b. Test, at the 5% level of significance, whether the population standard deviation of hours spent studying is less than 10. Use the Critical value approach
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Solution Summary
Solution provides steps necessary to calculate confidence interval and population standard deviation.
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