A more extensive tabulation of t critical values than what appears in this book shows that for
Question:
A more extensive tabulation of t critical values than what appears in this book shows that for the t distribution with 20 df, the areas to the right of the values .687, .860, and 1.064 are .25, .20, and .15, respectively. What is the confidence level for each of the following three confidence intervals for the mean µ of a normal population distribution? Which of the three intervals would you recommend be used, and why?
a. (x̅ - .687s/√21, x̅ + 1.725s/√21)
b. (x̅ - .860s/√21, x̅ + 1.325s/√21)
c. (x̅ - 1.064s/√21, x̅ + 1.064s/√21)
DistributionThe word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Probability And Statistics For Engineering And The Sciences
ISBN: 9781305251809
9th Edition
Authors: Jay L. Devore
Question Posted: