In Developing a Confidence Interval for the Population Standard Deviation $\sigma$

question 32

True/False

In developing a confidence interval for the population standard deviation $\sigma$
,we make use of the fact that the sampling distribution of the sample standard deviation s is not the normal distribution or the t-distribution,but rather a right-skewed distribution called the chi-square distribution,which (for this procedure)has n - 1 degrees of freedom.

---

Definitions:

Secondary-market Transaction

The buying and selling of previously issued securities, such as stocks and bonds, among investors without involving the issuing companies.

Block Transactions

Large-scale securities trades on stock markets, usually involving at least 10,000 shares or bonds.

NYSE

The New York Stock Exchange, one of the world's largest stock exchanges by market capitalization, located in New York City.

Stop-buy Order

A trading instruction used to purchase a security when it reaches a price above its current market price, typically to limit a loss on a short sale.