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You have an SRS of 23 observations from a Normally distributed population. What critical value would you use to obtain a 98% confidence interval for the mean M of the population if S is unknown?

(a) 2.508

(b) 2.500

(c) 2.326

(d) 2.183

(e) 2.177

Short Answer

Expert verified

The correct option is (a).

Step by step solution

01

Given Information

Sample size n=23,

Confidence interval c=98%,

Formula Used Degree of freedom df=n-1.

02

Explanation

Find the degree of freedom, use the formula df=n-1.

localid="1650084856831" df=n-1=231=22

The confidence level is 98%.

Convert 98%into decimal.

98100=0.98

Find the column.

localid="1650084861439" 1-c2=1-0.982=0.01

From table B find critical value t*, use the row and column.

Thus, the critical value t*is 2.508.

Hence, the correct option is (a).

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