Question

Determine the t critical value for a lower or an upper confidence bound in each of the following situations. (Round your answers to three decimal places.)
a. Confidence level = 95%, df = 10
b. Confidence level = 95%, df = 15
c. Confidence level = 99%, df = 15
d. Confidence level = 99%, n = 5
e. Confidence level = 98%, df = 23
f. Confidence level = 99%, n = 32

Answer 1

Answer:

A. 1.812

B. 1.753

C. 2.602

D. 3.747

E. 2.069

F. 2.453

Step-by-step explanation:

A. 95% confidence level, the level of significance = 5% or 0.05

Using t-table, the critical value for a lower or an upper confidence bound at 0.05 significance level with 10 degrees of freedom = 1.182

B. 95% confidence interval = 0.05 level of significance

Using t-table, the critical value for a lower or an upper confidence bound at 0.05 significance level with 15 degrees of freedom = 1.753

C. 99% confidence interval = 0.01 level of significance

Using t-table, the critical value for a lower or an upper confidence bound at 0.01 significance level with 15 degrees of freedom = 2.602

D. 99% confidence interval = 0.01 level of significance; DF (n - 1) = 5- 1 = 4

Using t-table, the critical value for a lower or an upper confidence bound at 0.01 significance level with 4 degrees of freedom = 3.747

E. 98% confidence interval = 0.02 level of significance

Using t-table, the critical value for a lower or an upper confidence bound at 0.02 significance level with 23 degrees of freedom = 2.069

F. 99% confidence interval = 0.01 level of significance; df (n - 1) = 32 - 1 = 31

Using t-table, the critical value for a lower or an upper confidence bound at 0.01 significance level with 31 degrees of freedom = 2.453