Math Problem Statement

Determine the critical values z_c for a 94% and 99% confidence interval, as provided in the uploaded image.

Solution

Based on the image you uploaded, the task involves determining critical values (zcz_c) for specific confidence intervals:

  1. For part (a): Determine the critical value zcz_c for a 94% confidence interval.
  2. For part (c): Determine the critical value zcz_c for a 99% confidence interval.

Step-by-Step Solution:

Part (a): zcz_c for a 94% confidence interval

  • A 94% confidence interval implies a total tail probability of 10.94=0.061 - 0.94 = 0.06. Each tail will have half of this probability: 0.06/2=0.030.06 / 2 = 0.03.

  • Using a standard normal distribution table or calculator, the zz-value for a cumulative probability of 10.03=0.971 - 0.03 = 0.97 is approximately:

    zc=1.881z_c = 1.881

Part (c): zcz_c for a 99% confidence interval

  • A 99% confidence interval implies a total tail probability of 10.99=0.011 - 0.99 = 0.01. Each tail will have half of this probability: 0.01/2=0.0050.01 / 2 = 0.005.

  • Using a standard normal distribution table or calculator, the zz-value for a cumulative probability of 10.005=0.9951 - 0.005 = 0.995 is approximately:

    zc=2.576z_c = 2.576

Final Answers:

  • (a) zc=±1.881z_c = \pm 1.881
  • (c) zc=±2.576z_c = \pm 2.576

Would you like further clarification or an explanation of how to use a z-table or calculator for these values?

Here are some questions to deepen your understanding:

  1. What is the relationship between the confidence level and the width of the confidence interval?
  2. How do critical values change as the confidence level increases?
  3. Why do we use the standard normal distribution for these calculations?
  4. Can you calculate zcz_c for a 90% confidence interval?
  5. What is the impact of rounding on statistical conclusions?

Tip: Confidence intervals are symmetric, so both the positive and negative zcz_c values are equally valid!

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Math Problem Analysis

Mathematical Concepts

Statistics
Confidence Intervals
Standard Normal Distribution

Formulas

z_c = z-value corresponding to (1 - α/2)
α = 1 - Confidence Level

Theorems

Properties of the Standard Normal Distribution
Symmetry of the Normal Curve

Suitable Grade Level

Undergraduate (Introductory Statistics)