Asked by Arlissa Montano on Jul 03, 2024

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If you were constructing a 99% confidence interval of the population mean based on a sample of n = 25 where the standard deviation of the sample s = 0.05, the critical value of t will be:

A) 2.7969
B) 2.7874
C) 2.4922
D) 2.4851
E) 2.3562

Confidence Interval

A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter, given a specified level of confidence.

Critical Value

A point on the scale of the test statistic beyond which we reject the null hypothesis.

Standard Deviation

An indicator that evaluates how much the data in a set diverges or spreads out in comparison to the average value, showing the extent of distribution of the observations.

  • Undertake the application of degrees of freedom in t-distribution calculations.
  • Assess critical values and designate rejection zones within the framework of hypothesis testing by means of the t-distribution.
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JW
Jacob Walker6 days ago
Final Answer :
A
Explanation :
To find the critical value of t for a 99% confidence interval with n=25, we need to use the t-distribution with degrees of freedom (df) equal to n-1 = 24. We can find the critical value using a statistical software or a t-table. For a two-tailed test with alpha level of 0.01 (since we want to find a 99% confidence interval), the critical value of t with 24 degrees of freedom is 2.7969. Therefore, the correct answer is A.