Confidence interval for the population standard deviation


Discussion:

Q) The following data set represents the repair cost (in dollars) for a random sample of 30 dishwashers (adapted from Consumer Reports)

41.82 90.07 100.05 118.77
52.81 90.35 101.32 119.01
57.80 91.68 103.59 120.70
68.16 91.72 104.19 140.52
73.48 93.01 105.62 141.84
78.88 95.21 111.32 147.06
88.13 95.34 117.14
88.79 96.50 118.42

Assume the population of dishwasher repair costs is normally distributed.

a. Construct a 95% confidence interval for the population variance.

b. Construct a 95% confidence interval for the population standard deviation.

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Basic Statistics: Confidence interval for the population standard deviation
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