Critical ValueFor the survey described in Exercise 1 “Celebrities and the Law,” find the critical value that would be used for constructing a 99% confidence interval estimate of the population proportion.

Short Answer

Expert verified

The critical value that would be used for constructing a 99% confidence is 2.576.

Step by step solution

01

Given information

The level of confidence is 99%.

02

Compute the critical value

The level of confidence (CL) is 99%.

The level of significance αis obtained as follows:

α=1-CL=1-0.99=0.01

Using the Z table, the two-tailed critical value obtained at 0.01 level of significance is 2.576.

Therefore, the critical value is z = 2.576.

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Most popular questions from this chapter

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