商务与经济统计(原书第14版)Ch11.pptxVIP

Statistics for Business and Economics (14e)Metric VersionAnderson, Sweeney, Williams, Camm, Cochran, Fry, Ohlmann? 2020 Cengage Learning1? 2020 Cengage. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website or school-approved learning management system for classroom use. Chapter 11 - Inferences About Population Variances11.1 - Inferences About a Population Variance11.2 - Inferences About Two Populations Variances2 Inferences About a Population VarianceA variance can provide important decision-making information.Consider the production process of filling containers with a liquid detergent product.The mean filling weight is important, but also is the variance of the filling weights.By selecting a sample of containers, we can compute a sample variance for the amount of detergent placed in a container.If the sample variance is excessive, overfilling and underfilling may be occurring even though the mean is correct.3 Chi-Square Distribution (1 of 2)The chi-square distribution is based on sampling from a normal population.We can use the chi-square distribution to develop interval estimates and conduct hypothesis tests about a population variance.4 ?5 Chi-Square Distribution (2 of 2)6 Interval Estimation of σ2 (1 of 8)7 Interval Estimation of σ2 (2 of 8)Taking the square root of the upper and lower limits of the variance interval provides the confidence interval for the population standard deviation.8 Interval Estimation of σ2 (3 of 8) Example: Buyer’s Digest (A) Buyer’s Digest rates thermostats manufactured for home temperature control. In a recent test, 10 thermostats manufactured by ThermoRite were selected and placed in a test room that was maintained at a temperature of 68oF. We will use the 10 readings below to develop a 95% confidence interval estimate of the population variance.T