As part of a survey a marketing representative asks a random

Last updated: 3/27/2024

As part of a survey a marketing representative asks a random sample of 29 business owners how much they would be willing to pay for a website for their company She finds that the sample standard deviation is 3342 Assume the sample is taken from a normally distributed population Construct 99 confidence intervals for a the population variance o and b the population standard deviation Interpret the results a The confidence interval for the population variance is 6 132 777 25 096 105 Round to the nearest integer as needed Interpret the results Select the correct choice below and fill in the answer box es to complete your choice Round to the nearest integer as needed A With 99 confidence you can say that the population variance is between 6132777 and 25096105 OC With 1 confidence you can say that the population variance is less than B With 99 confidence you can say that the population variance is greater than OD With 1 confidence you can say that the population variance is between and b The confidence interval for the population standard deviation is Round to the nearest integer as needed