Asked by
Eliza Lapierre
on Nov 17, 2024Verified
The 95% confidence interval estimate of a population variance when a sample variance of 324 is obtained from a sample of 81 items is
A) 14.14 to 174.94.
B) 243.086 to 453.520.
C) 16.42 to 194.35.
D) 254.419 to 429.203.
Confidence Interval Estimate
A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter, with a specified level of confidence.
Population Variance
The average of the squared differences from the Mean, representing the variance of an entire population.
- Assess and interpret confidence intervals related to population variance and standard deviation.
Verified Answer
OS
Learning Objectives
- Assess and interpret confidence intervals related to population variance and standard deviation.