FORESTRY
AGRICULTURAL STATISTICS AND ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which confidence level corresponds to a critical value of 1.64?
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90%
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95%
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99%
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None of the above
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Explanation:
Detailed explanation-1: -95. Step 5: Look up the area from Step in the z-table. The area is at z=1.645. This is your critical value for a confidence level of 90%.
Detailed explanation-2: -The critical value for a 95% confidence interval is 1.96, where (1-0.95)/2 = 0.025.
There is 1 question to complete.