Statistics for Business
Why are degrees of freedom important in a Chi Square Test for Independence?
Find the critical values χR2 \(\chi\)^2_R and χL2 \(\chi\)^2_L for a confidence level of c=0.95 c = 0.95 and a sample size of n=12 n = 12 .
The weights (in kg\(\text{kg}\)) of 88 randomly selected sealed sugar packs were recorded as follows:
1.0,1.2,0.9,1.1,1.0,0.8,1.3,1.11.0,1.2,0.9,1.1,1.0,0.8,1.3,1.1
Assuming the weights follow a normal distribution, construct a 99%99\% confidence interval for the population standard deviation (σσ). Also, interpret the results.
A random sample of 1010 adult males had their total cholesterol levels (in mg/dL\(\text{mg/dL}\)) measured:
180,190,195,200,205,210,195,200,205,190180,190,195,200,205,210,195,200,205,190
Use this sample to construct a 95%95\% confidence interval estimate of the population standard deviation of cholesterol levels.
A study records the monthly water consumption (in liters) of households in a neighborhood. A small sample contains the values 150150, 180180, 170170, 160160. Ten bootstrap samples are generated from this data:
Using the same bootstrap samples, construct an 80%80\% confidence interval estimate of the standard deviation of the monthly water consumption.
Find the critical values χ1−α22\(\chi\)^2_{1-\(\frac{\alpha}{2}\)} and χα22\(\chi\)^2_{\(\frac{\alpha}{2}\)} for a confidence level of 95%95\% with sample size n=15n=15.