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25024 - Confidence interval and hypothesis test for variance


Description

The %VARTEST macro provides a one-tailed test of the null hypothesis that the variance equals a non-zero constant for normally distributed data. It also provides point- and confidence interval estimates. NOTE: The CIBASIC option in PROC UNIVARIATE provides one- and two-sided confidence intervals for the standard deviation and variance. PROC TTEST provides a confidence interval for the standard deviation using either of two methods. PURPOSE: The %VARTEST macro tests the null hypothesis that the variance (or standard deviation) of a set of independent and identically normally distributed values is equal to a specified constant against an alternative that the variance (or standard deviation) exceeds the constant. The macro also provides point- and confidence interval estimates for the variance and standard deviation.

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