Problem

Question 12 Create a $99 \%$ confidence interval around a mean of 22.9 with a standard deviation of 1.9 , with a sample size of 18 . For this confidence interval, what would be the critical value you'd use? 2.110 2.567 2.898 2.921

Solution

Step 1 :To find the critical value for a 99% confidence interval, we need to look at a Z-table or use a function that can calculate it for us. The critical value is the number of standard deviations away from the mean that we need to go to capture 99% of the data. In other words, it's the Z-score that corresponds to the desired confidence level.

Step 2 :The critical value for a 99% confidence level is approximately \(2.576\).

Step 3 :The closest option in the question is \(2.567\).

Step 4 :Final Answer: The critical value for a 99% confidence interval is approximately \(\boxed{2.567}\).

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Source: https://solvelyapp.com/problems/wQd8Ala3JW/

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