A group of 12 analysts predict the earning per share of company X to be 1.40,1.40,1.45, 1.49, 1.37, 1.27, 1.40, 1.55, 1.40, 1.42, 1.49, and 1.71. a. Compute the sample variance b. Compute the sample standard deviation c. Compute the 95 percent confidence interval on the population variance

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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A group of 12 analysts predict the earning per share of company X to be 1.40,1.40,1.45, 1.49, 1.37, 1.27, 1.40, 1.55, 1.40, 1.42, 1.49, and 1.71.

a. Compute the sample variance

b. Compute the sample standard deviation

c. Compute the 95 percent confidence interval on the population variance

 

Sample standard deviation for the number of passengers in a flight was found to be 8. 95 percent confidence limit on the population standard deviation was computed as 5.86 and 12.62 passengers with a 95 percent confidence.

a. Estimate the sample size used

b. How would the confidence interval change if the standard deviation was based on a sample of 25?

 

 

 

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