Math Problem Statement
Solution
Based on the image you uploaded, the task involves determining critical values () for specific confidence intervals:
- For part (a): Determine the critical value for a 94% confidence interval.
- For part (c): Determine the critical value for a 99% confidence interval.
Step-by-Step Solution:
Part (a): for a 94% confidence interval
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A 94% confidence interval implies a total tail probability of . Each tail will have half of this probability: .
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Using a standard normal distribution table or calculator, the -value for a cumulative probability of is approximately:
Part (c): for a 99% confidence interval
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A 99% confidence interval implies a total tail probability of . Each tail will have half of this probability: .
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Using a standard normal distribution table or calculator, the -value for a cumulative probability of is approximately:
Final Answers:
- (a)
- (c)
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:
- What is the relationship between the confidence level and the width of the confidence interval?
- How do critical values change as the confidence level increases?
- Why do we use the standard normal distribution for these calculations?
- Can you calculate for a 90% confidence interval?
- What is the impact of rounding on statistical conclusions?
Tip: Confidence intervals are symmetric, so both the positive and negative 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)