Math Problem Statement

Suppose you have selected a random sample of n=3 measurements from a normal distribution. Compare the standard normal z values with the corresponding  values if you were forming the following confidence intervals. 

(a)  98% confidence interval   2.33  

(b) 90 % confidence interval   1.645  2.920

(c) 95 % confidence interval   1.96  4.303

Solution

To compare the standard normal zz-values with the corresponding tt-values for a sample size of n=3n = 3, we need to understand the relationship between zz-values (used in large samples) and tt-values (used in small samples where the population standard deviation is unknown).

For n=3n = 3:

  • Degrees of freedom (dfdf) = n1=31=2n - 1 = 3 - 1 = 2.

We'll calculate the values for the given confidence levels using a tt-distribution table and compare them to the standard normal zz-values.


(a) 98% Confidence Interval

  • Standard normal zz-value: 2.33 (already provided).
  • tt-value for df=2df = 2 at 98% confidence: t = 4.303 \text{ (from t-table or calculator)}.

(b) 90% Confidence Interval

  • Standard normal zz-value: 1.645 (already provided).
  • tt-value for df=2df = 2 at 90% confidence: t = 2.920 \text{ (from t-table or calculator)}.

(c) 95% Confidence Interval

  • Standard normal zz-value: 1.96 (already provided).
  • tt-value for df=2df = 2 at 95% confidence: t = 4.303 \text{ (from t-table or calculator)}.

Comparison of zz-values and tt-values

Confidence Level (%)zz-valuett-value (df = 2)
98%2.334.303
90%1.6452.920
95%1.964.303

Key Observations:

  1. The tt-values are consistently larger than the corresponding zz-values because the tt-distribution accounts for additional uncertainty in small samples.
  2. The difference between zz-values and tt-values decreases as the sample size increases, converging as nn \to \infty.

Would you like further details on how to interpret these results?

Related Questions:

  1. Why does the tt-distribution have heavier tails than the normal distribution?
  2. How does increasing sample size impact tt-values?
  3. Can zz-values ever be used in small-sample confidence intervals?
  4. How do degrees of freedom affect the tt-distribution?
  5. What is the formula for calculating confidence intervals with tt-values?

Tip: Always consider the sample size when choosing between zz- and tt-values for confidence intervals.

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Math Problem Analysis

Mathematical Concepts

Statistics
Confidence Intervals
Normal Distribution
t-Distribution

Formulas

z = (x - μ) / σ
t = (x - μ) / (s / √n)

Theorems

Central Limit Theorem
t-Distribution Properties

Suitable Grade Level

College Level (Introductory Statistics)