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Assume the Sample Is Taken from a Normally Distributed Population σ2.\sigma ^ { 2 }.

question 51

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Assume the sample is taken from a normally distributed population and construct the indicated confidence interval.
-The mean replacement time for a random sample of 12 microwave ovens is 8.6 years with a standard deviation of 5.3 years. Construct the 98% confidence interval for the population variance, σ2.\sigma ^ { 2 }.


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Costs associated with operating a business that do not change in relation to production volume or sales, such as rent, salaries, and insurance.

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