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 for a 95.5% confidence level, we can break down the problem as follows:
- Confidence Level (CL): 95.5%, which implies a significance level .
- Degrees of Freedom (df): Since the sample size is 20, we have .
- Two-Tailed Test: For a two-tailed confidence interval, we are interested in for each tail.
Now, we need the -value that leaves 2.25% in each tail with 19 degrees of freedom. Using a -table or statistical software:
Answer: The critical value .
Would you like a deeper explanation or have further questions?
Additional Related Questions
- How does the choice of sample size affect the confidence interval's width?
- What is the interpretation of a 95.5% confidence level?
- How would the critical value change if the confidence level were set to 99%?
- What if we assumed a population that was not normally distributed?
- 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
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