Q. 66

Question

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? 

Step-by-Step Solution

Verified
Answer

The accurate value of t*=1.671

The technology used for t*=1.665

1Step 1: 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*.

2Step 2: Explanation

The given value is written as 

n=77

c=90%=0.90

The sample size was reduced by one degree of freedom

d f=n-1=77-1=76

Because there is no row with df=76 in 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=77 and 2 P(X>x)=0.1

Therefore we get x=1.665 which 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.