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

To find the critical value tα/2t_{\alpha/2} for a 95.5% confidence level, we can break down the problem as follows:

  1. Confidence Level (CL): 95.5%, which implies a significance level α=10.955=0.045\alpha = 1 - 0.955 = 0.045.
  2. Degrees of Freedom (df): Since the sample size is 20, we have df=n1=19df = n - 1 = 19.
  3. Two-Tailed Test: For a two-tailed confidence interval, we are interested in α/2=0.045/2=0.0225\alpha/2 = 0.045 / 2 = 0.0225 for each tail.

Now, we need the tt-value that leaves 2.25% in each tail with 19 degrees of freedom. Using a tt-table or statistical software:

tα/2±2.197t_{\alpha/2} \approx \pm 2.197

Answer: The critical value tα/2=±2.197t_{\alpha/2} = \pm 2.197.

Would you like a deeper explanation or have further questions?


Additional Related Questions

  1. How does the choice of sample size affect the confidence interval's width?
  2. What is the interpretation of a 95.5% confidence level?
  3. How would the critical value change if the confidence level were set to 99%?
  4. What if we assumed a population that was not normally distributed?
  5. How does the sample size influence the accuracy of the t-distribution approximation?

Tip: Remember, as sample sizes increase, the t-distribution approaches the standard normal distribution (z-distribution).

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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