Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1. Assume you need to build a confidence interval for a population mean within some given situation. Naturally, you must determine whether you should use
1. | Assume you need to build a confidence interval for a population mean within some given situation. Naturally, you must determine whether you should use either the t-distribution or the z-distribution or possibly even neither based upon the information known/collected in the situation. Thus, based upon the information provided for each situation below, determine which (t-, z- or neither) distribution is appropriate. Then if you can use either a t- or z- distribution, give the associated critical value (critical t- or z- score) from that distribution to reach the given confidence level. | |||
a. | 98% confidence | n=150 | unknown | population data believed to be normally distributed |
Appropriate distribution: | ||||
Associated critical value: | ||||
b. | 90% confidence | n=12 | unknown | population data believed to be normally distributed |
Appropriate distribution: | ||||
Associated critical value: | ||||
c. | 95% confidence | n=18 | unknown | population data believed to be skewed left |
Appropriate distribution: | ||||
Associated critical value: | ||||
d. | 99% confidence | n=75 | known | population data believed to be very skewed |
Appropriate distribution: | ||||
Associated critical value: | ||||
|
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started