With the following data: μ=455, n=144, x=465, σ=100
Calculate 95% and 99% critical values
solution:
this is two tail test so ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2 = Z0.025 = +-1.96 ( Using z table )
b
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
Z/2 = Z0.005 = +-2.576 ( Using z table )
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