Suppose you have selected a random sample of n=14 measurements from a normal distribution. Compare the standard normal z values with the corresponding t values if you were forming the following confidence intervals. (a) 98% conf z=2.33t=2.6503 (a) 98% confidence interval (b) 99% confidence intervalz=2.576t=□(c) 95% confidence intervalz=1.96t=2.1604
Q. Suppose you have selected a random sample of n=14 measurements from a normal distribution. Compare the standard normal z values with the corresponding t values if you were forming the following confidence intervals. (a) 98% conf z=2.33t=2.6503 (a) 98% confidence interval (b) 99% confidence intervalz=2.576t=□(c) 95% confidence intervalz=1.96t=2.1604
Calculate t value: Calculate the t value for the 99% confidence interval using degrees of freedom (n−1) for n=14. Degrees of freedom = 14−1=13. Using a t-distribution table for 99% confidence and 13 degrees of freedom, the t value is approximately 2.650.
Compare z and t values (98%): Compare the z and t values for the 98% confidence interval.z value = 2.33, t value = 2.6503.
Compare z and t values (99%): Compare the z and t values for the 99% confidence interval.z value = 2.576, t value = 2.650.
Compare z and t values (95%): Compare the z and t values for the 95% confidence interval.z value = 1.96, t value = 2.1604.
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