Confidence Interval Formula for σ is as follows:
Square Root((n - 1)s2/χ2α/2) < σ < Square Root((n - 1)s2/χ21 - α/2) where:
(n - 1) = Degrees of Freedom, s2 = sample variance and α = 1 - Confidence Percentage
First find degrees of freedom:
Degrees of Freedom = n - 1
Degrees of Freedom = 51 - 1
Degrees of Freedom = 50
Calculate α:
α = 1 - confidence%
α = 1 - 0.9
α = 0.1
Find low end confidence interval value:
αlow end = α/2
αlow end = 0.1/2
αlow end = 0.05
Find low end χ2 value for 0.05
χ20.05 = 67.5048 <--- Value can be found on Excel using =CHIINV(0.05,50)
Calculate low end confidence interval total:
Low End = Square Root((n - 1)s2/χ2α/2)
Low End = √(50)(56.25)/67.5048)
Low End = √2812.5/67.5048
Low End = √41.663703914388
Low End = 6.4547
Find high end confidence interval value:
αhigh end = 1 - α/2
αhigh end = 1 - 0.1/2
αhigh end = 0.95
Find high end χ2 value for 0.95
χ20.95 = 34.7643 <--- Value can be found on Excel using =CHIINV(0.95,50)
Calculate high end confidence interval total:
High End = Square Root((n - 1)s2/χ21 - α/2)
High End = √(50)(56.25)/34.7643)
High End = √2812.5/34.7643
High End = √80.901959769073
High End = 8.9946
Now we have everything, display our interval answer:
6.4547 < σ < 8.9946 <---- This is our 90% confidence interval
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What this means is if we repeated experiments, the proportion of such intervals that contain σ would be 90%
What is the Answer?
6.4547 < σ < 8.9946 <---- This is our 90% confidence interval
How does the Confidence Interval for Variance and Standard Deviation Calculator work?
Free Confidence Interval for Variance and Standard Deviation Calculator - Calculates a (95% - 99%) estimation of confidence interval for the standard deviation or variance using the χ2 method with (n - 1) degrees of freedom.
This calculator has 3 inputs.
What 4 formulas are used for the Confidence Interval for Variance and Standard Deviation Calculator?
Degrees of Freedom = n - 1Square Root((n - 1)s2/χ2α/2) < σ < Square Root((n - 1)s2 / χ21 - α/2)
Square Root((n - 1)s2/χ2α/2) < σ2 < Square Root((n - 1)s2 / χ21 - α/2)
For more math formulas, check out our Formula Dossier
What 5 concepts are covered in the Confidence Interval for Variance and Standard Deviation Calculator?
confidence intervala range of values so defined that there is a specified probability that the value of a parameter lies within it.confidence interval for variance and standard deviationa range of values that is likely to contain a population standard deviation or variance with a certain level of confidencedegrees of freedomnumber of values in the final calculation of a statistic that are free to varystandard deviationa measure of the amount of variation or dispersion of a set of values. The square root of variancevarianceHow far a set of random numbers are spead out from the meanExample calculations for the Confidence Interval for Variance and Standard Deviation Calculator
Confidence Interval for Variance and Standard Deviation Calculator Video
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