Math Problem Statement

Determine the critical value that must be used to construct a 94% confidence interval for a population mean with a sample size of 15. Round your answer to two decimal places.

Solution

To construct a 94% confidence interval for a population mean with a sample size of 15, the appropriate critical value is determined using the t-distribution because the sample size is small (n<30n < 30) and the population standard deviation is unknown.

Steps:

  1. Determine the degrees of freedom (df): df=n1=151=14\text{df} = n - 1 = 15 - 1 = 14

  2. Find the significance level (α\alpha):

    • Confidence level = 94%, so α=10.94=0.06\alpha = 1 - 0.94 = 0.06.
    • Divide α\alpha by 2 for a two-tailed test: α2=0.03\frac{\alpha}{2} = 0.03.
  3. Look up the critical value (tt^*) in the t-distribution table:

    • For df=14\text{df} = 14 and α2=0.03\frac{\alpha}{2} = 0.03, the critical value can be found using a t-table or a calculator.

    Using a t-distribution table or software: t2.14t^* \approx 2.14

Final Answer:

The critical value for a 94% confidence interval with a sample size of 15 is: 2.14\boxed{2.14}

Would you like a detailed explanation of how to use the t-distribution table or compute this value?


Here are five follow-up questions you might explore:

  1. How does the critical value change if the confidence level increases to 95%?
  2. What happens to the critical value as the sample size increases?
  3. How does the t-distribution compare to the z-distribution?
  4. Why is the t-distribution used instead of the z-distribution for small samples?
  5. What assumptions are necessary for using the t-distribution?

Tip: Always check that the data approximately follows a normal distribution when using the t-distribution for small samples!

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Math Problem Analysis

Mathematical Concepts

Statistics
Confidence Intervals
t-Distribution

Formulas

Degrees of Freedom: df = n - 1
Significance Level: α = 1 - Confidence Level
Critical Value for t-distribution

Theorems

t-Distribution Theorem
Central Limit Theorem

Suitable Grade Level

Grades 11-12, College Level