Critical Values. In Exercises 41–44, find the indicated critical value. Round results to two decimal places.

z0.04

Short Answer

Expert verified

The indicated critical value of z0.04is 1.75.

Step by step solution

01

Given information

The critical value isz0.04

02

Describe the critical value 

The critical value is zαfor a particular value of α. Then, αis the area to the right of zα.

Mathematically,

.PZ>zα=α

In this case, α=0.04, and PZ>z0.04=0.04.

03

Step 3: Simplify the term to obtain the cumulative probability

For obtaining the cumulative probability, simplify the term as follows.

Pz>z0.04=0.041-Pz<z0.04=0.04Pz<z0.04=0.96

From the standard normal table, the value of 0.96 is closest to 0.9599, and the corresponding row value of 1.7 and column value of 0.05 implies that the z value is 1.75.

04

Summarize the result

The value of z0.04=1.75has an area of 0.04 to its right. So, z0.04=1.75corresponds to a cumulative left area of 0.96.

Thus, the critical value is z0.04=1.75.

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