A random sample of 15 size AA batteries for toys yield a mean of 2.68 hours with standard deviation, 1.24 hours.
(a) Find the critical value, t*, for a 99% CI. t* =
(b) Find the margin of error for a 99% CI.
Given that,
= 2.68
s =1.24
n = 15
Degrees of freedom = df = n - 1 = 15- 1 = 14
At 99% confidence level the t is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
t /2 df = t0.005, 14= 2.977 ( using student t table)
critical value =2.977
Margin of error = E = t/2,df * (s /n)
= 2.977* ( 1.24/ 15)
E=0.9531
Margin of error = E =0.9531
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