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Use the one-standard-deviation chi-square interval procedure to obtain the specified confidence interval for thepopulation standard deviation Ϭ. Assume that the population has a normal distribution.
-A football coach randomly selected ten players from his college and timed how long each player took to perform a certain drill. The times (in minutes) were:
Find a confidence interval for the standard deviation, , of the times of all football players at this college.
Trust Fund
A legal arrangement through which assets are held by a third party for the benefit of another party or parties.
Compounded Quarterly
The process in which interest is calculated and added to the principal amount every quarter of the year.
Deposits
Money placed into a bank account or given as a security for a contractual agreement.
Semi-annually
Occurring twice a year, typically every six months.
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