RESEARCH METHODOLOGY

STATISTICAL TECHNIQUES AND TOOLS

CONFIDENCE INTERVALS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Find the Critical Value for an 86% Confidence Level.
A
-1.48
B
1.48
C
1.282
D
-1.47
Explanation: 

Detailed explanation-1: - The critical value for the 86% confidence level is – 1.48 s.

Detailed explanation-2: -The required critical value for a 88% confidence level is 1.56.

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