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 () and the population standard deviation is unknown.
Steps:
-
Determine the degrees of freedom (df):
-
Find the significance level ():
- Confidence level = 94%, so .
- Divide by 2 for a two-tailed test: .
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Look up the critical value () in the t-distribution table:
- For and , the critical value can be found using a t-table or a calculator.
Using a t-distribution table or software:
Final Answer:
The critical value for a 94% confidence interval with a sample size of 15 is:
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:
- How does the critical value change if the confidence level increases to 95%?
- What happens to the critical value as the sample size increases?
- How does the t-distribution compare to the z-distribution?
- Why is the t-distribution used instead of the z-distribution for small samples?
- 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
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