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Critical value What critical value t*from Table B would you use for a 90%confidence interval for the population mean based on an SRS of size 77? If possible, use technology to find a more accurate value of . What advantage does the more accurate df provide?

Short Answer

Expert verified

The accurate value of t*=1.671

The technology used fort*=1.665

Step by step solution

01

Given information

Critical value t*from table B would you use for a 90%confidence

SRS has the size 77

Find the accurate value and technology of t*.

02

Explanation

The given value is written as

n=77

c=90%=0.90

The sample size was reduced by one degree of freedom

df=n-1=77-1=76

Because there is no row with df=76in table B, use the row with the smallest degrees of freedom that is closest to df=76

df=60

The critical value of t*is found in table B with df=50

which has the column (1-c)/2=0.05

t*=1.671

When we include the technology df=77and 2P(X>x)=0.1

Therefore we get x=1.665which is the more accurate critical value of t*.

Because more accurate degrees of freedom mean more accurate confidence intervals, the 90%confidence interval will be 90%confident of containing the true population mean of an SRS of size 77. (while the less accurate degrees of freedom will result in the confidence interval being more than 90%confident of containing the true population mean as the critical value is larger).

Table:t*=1.671

Technology:t*=1.665.

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