Because of staffing decisions, managers of the Gibson-MarimontHotel are interested in the variability in the number of roomsoccupied per day during a particular season of the year. A sampleof 24 days of operation shows a sample mean of 294 rooms occupiedper day and a sample standard deviation of 26 rooms.
What is the point estimate of the population variance?676
Provide a 90% confidence interval estimate of the populationvariance (to 1 decimal). ( , )
Provide a 90% confidence interval estimate of the populationstandard deviation (to 1 decimal). ( , )
