Can you Please explain me this Question? Thanks!
a) Find z a/2 (two tailed) for the 78% confidence interval.
b) Find t a/2 when n=22 for the 99.5% confidence interval for the mean.
Solution:
a)
At 78% confidence level the z is ,
= 1 - 78% = 1 - 0.78 = 0.22
/ 2 = 0.22 / 2 = 0.11
Z/2 = Z0.11 = 1.23
b)
sample size = n = 22
Degrees of freedom = df = n - 1 = 21
At 99.5% confidence level the z is ,
= 1 - 99.5% = 1 - 0.995 = 0.005
/ 2 = 0.005 / 2 = 0.0025
t /2,df = t0.0025,21 = 3.135
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