Math Problem Statement

You intend to estimate a population mean with a confidence interval. You believe the population to have a normal distribution. Your sample size is 20.

While it is an uncommon confidence level, find the critical value that corresponds to a confidence level of 95.5%. (Report answer accurate to three decimal places with appropriate rounding.)

ta/2 = ±

Solution

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Math Problem Analysis

Mathematical Concepts

Statistics
Confidence Interval
t-Distribution

Formulas

tα/2 = ± critical value for confidence interval
Degrees of freedom: df = n - 1

Theorems

Central Limit Theorem
Properties of t-Distribution for small samples

Suitable Grade Level

College Level