Dean of students affairs at ACME University wants to make a…

Dean of students affairs at ACME University wants to make a CI for the proportion of students who cheat.  What is the minimum sample size required to do this if the width of the interval is to be no more than 0.04 and she thinks the students fairly honest, and that probably no more than 8% really cheat.

The risk of an investment is measured in terms of the varian…

The risk of an investment is measured in terms of the variance in the return that could be observed. Random samples of 10 yearly returns were obtained from two different portfolios. The data are given below (in thousands of dollars.) Portfolio 1 130  135  135  131  129  135  126  136  127  132 Portfolio 2 154  144  147  150  155  153  149  139  140  141 What is 95% confidence interval on the ratio of the variances of the two portfolios. Interpret your answer.