What is the confidence level of each of the following confidence intervals for μ? Complete parts a through e.E Click the icon to view the table of normal curve areas.a. xˉ±1.96(nσ)% (Round to two decimal places as needed.)
Q. What is the confidence level of each of the following confidence intervals for μ? Complete parts a through e.E Click the icon to view the table of normal curve areas.a. xˉ±1.96(nσ)% (Round to two decimal places as needed.)
Lookup z-score: The confidence interval given is in the form of a standard normal distribution where the value 1.96 corresponds to the z-score for a certain confidence level. To find the confidence level, we need to look up the z-score in the standard normal distribution table or use a calculator that provides this functionality.
Find cumulative probability: Using the z-score of 1.96, we find the area under the standard normal curve to the left of z=1.96. This area corresponds to the cumulative probability up to that z-score.
Calculate total area: The area to the left of z=1.96 is approximately 0.975. This is because the z-score table or calculator tells us that approximately 97.5% of the data falls to the left of a z-score of 1.96 in a standard normal distribution.
Determine confidence level: Since the confidence interval is two-tailed (plus and minus the z-score), we need to consider the area in both tails of the distribution. The area in one tail is 1−0.975=0.025. Therefore, the total area in both tails is 2×0.025=0.05.
Determine confidence level: Since the confidence interval is two-tailed (plus and minus the z-score), we need to consider the area in both tails of the distribution. The area in one tail is 1−0.975=0.025. Therefore, the total area in both tails is 2×0.025=0.05.To find the confidence level, we subtract the total area in the tails from 1. So, the confidence level is 1−0.05=0.95 or 95%.
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