STATISTICAL TECHNIQUES AND TOOLS
CONFIDENCE INTERVALS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Find the critical value, tc for c = 0.99 and n = 10.
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3.169
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3.250
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2.262
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1.254
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Explanation:
Detailed explanation-1: -critical value: The critical t-value for a given confidence level c and sample size n is obtained by computing the quantity t/2 t / 2 for a t-distribution with n−1 degrees of freedom.
Detailed explanation-2: -Hence, the critical value is equal to 1.476.
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