Find the confidence level and αfor

a. 85%confidence interval.

b. 95%confidence interval

Short Answer

Expert verified

a. Confidence level is 0.85and α=0.15

b. Confidence level is0.95andα=0.05.

Step by step solution

01

Given Information

We are given with two confidence intervals85%and95%.

02

Calculation of confidence level and α for 85% confidence interval

We know that

For 100(1-a)%confidence interval, confidence interval is 1-a(0<a<1)

85%confidence level implies localid="1652458855600" 100×0.85%confidence interval.

1-α=0.85

and

α=1-0.85=0.15

03

Calculation of confidence level and α for 95% confidence interval

95%confidence interval implies 100×0.95%confidence interval.

1-α=0.95

Hence, confidence interval is 0.95

andα=1-0.95=0.05

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