Math Problem Statement

If sigma = 0.01 , what is the critical value? If there is more than one, separate it out by comma.

Solution

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Math Problem Analysis

Mathematical Concepts

Hypothesis Testing
Z-distribution
Critical Values

Formulas

Two-tailed critical value formula: ±z(α/2)
One-tailed critical value formula: ±z(α)

Theorems

Z-distribution in hypothesis testing
Central Limit Theorem

Suitable Grade Level

Undergraduate (Statistics or Probability)