Question 6.PR.1: A sample of 40 observations has a standard deviation of 20. ...
A sample of 40 observations has a standard deviation of 20. Estimate the 95% confidence interval for the standard deviation of the population.
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The 95% c.i. for the variance is \frac{39\times30^{2}}{59.34}\leqslant\sigma^{2}\leqslant\frac{39\times30^{2}}{24.43} where 24.43 and 59.34 are the limits cutting off 2.5% in each tail of the \chi^{2} distribution, so the c.i. for σ is [16.21, 25.29].
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