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The Following Data, Drawn from a Normal Population, Are the Waiting

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Essay

The following data, drawn from a normal population, are the waiting times (in minutes) of 12 randomly selected customers at a travel desk.
1.8 2.4 2.7 2.1 1.3 1.7 1.5 1.5 2.3 2.8 2.5 1.9
A) Calculate the point estimates of the population variance and the population standard deviation.
B) Compute a 90% confidence intervals for the population variance and the population standard deviation.


Definitions:

Primary Research

Research that gathers new information.

Conduct Surveys

The process of gathering data or information from a sample of individuals through a structured set of questions.

Published Statistics

Data or numerical information that has been gathered and released by an authoritative source for public use.

Purpose Statement

A purpose statement outlines the objective or goal of a document, project, or organization, clarifying its main intentions.

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