Question:
The prices of a random sample of 24 new motorcycles have a
Last updated: 7/10/2022
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The prices of a random sample of 24 new motorcycles have a sample standard deviation of $3626. Assume the sample is from a normally distributed population. Construct a confidence interval for the population variance σ² and the population standard deviation 6. Use a 90% level of confidence. Interpret the results. What is the confidence interval for the population variance σ²? (Round to the nearest integer as needed.)