You have an SRS of size 15 and calculate the one-sample t statistic. What is the critical value t* such that
(a) t has probability 0.01 to the right of t*?
(b) t has probability 0.85 to the left of t*?
Given that sample size ( n ) = 15
Degrees of freedom ( df ) = n - 1 = 15 - 1 = 14
We want to find, one sample t test critical value t* for following cases:
a) t has a probability 0.01 to the right of t*
Therefore, in this case significance level = 0.01
t-critical value at 0.05 level of significance with df = 14 is,
t* = 2.624
b) t has probability 0.85 to the left of t*
Therefore, in this case significance level = 1 - 0.85 = 0.15
t-critical value at 0.15 level of significance with df = 14 is,
t* = 1.076
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