57. Critical values What critical value t* from Table B would you use for a confidence interval for the population mean in each of the following situations?
(a) A 95%confidence interval based on  n=10 observations.
(b) A 99%confidence interval from an SRS of 20 observations.

Short Answer

Expert verified

(a) The critical value for 95% confidence interval based on n=10 observations is t*=2.262.

(b)The critical value for 99% confidence interval based an SRS of 20 observations is t*=2.861.

Step by step solution

01

Part (a) Step 1: Given information 

When the confidence level is 95% and the population mean is 10, the critical value t* is calculated.

02

Part (a) Step 2: Explanation 

Utilize the formula df=n-1to estimate the degree of freedom. Where, the population mean isn=10.
df=n-1
=10-1=9
The row in table Bis represented by the degree of freedom df.

Convert the confidence level 95% into decimal.
95100=0.95
Determine the column:
1-c2=1-0.952=0.025
Using the tableB, to determine the critical value t*,for row 9and the column0.025:
t*=2.262

Therefore, the critical value is t*=2.262.

03

Part (b) Step 1: Given information 

When the confidence level is 99%and the population mean is 20, the critical value t is calculated.

04

Part (b) Step 2: Explanation 

Using the formula df=n-1, to determine the degree of freedom. Where, the population mean isn=20.
df=n-1=20-1=19.

Convert the confidence level 99%into decimal as:

99100=0.99

Determine the column by:

1-c2=1-0.992=0.005

Using the table B, determine the critical value t*, for row 19and the column 0.005:

t*=2.861

Therefore, the critical value is t*=2.861.

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