Question
Asked By TwilightWanderer98 at
Answered By Expert
Cedric
Expert · 5.4k answers · 5k people helped
Solution By Steps
Step 1: Find z alpha/2 for 90% Confidence Level
For a 90% confidence level, alpha = 1 - 0.90 = 0.10.
Since it’s a two-tailed test, alpha/2 = 0.10/2 = 0.05.
Look up the z-value for 0.05 in the standard normal distribution table to find z alpha/2.
Step 2: Find z alpha/2 for 98% Confidence Level
For a 98% confidence level, alpha = 1 - 0.98 = 0.02.
Since it’s a two-tailed test, alpha/2 = 0.02/2 = 0.01.
Look up the z-value for 0.01 in the standard normal distribution table to find z alpha/2.
Step 3: Find z alpha/2 for 88% Confidence Level
For an 88% confidence level, alpha = 1 - 0.88 = 0.12.
Since it’s a two-tailed test, alpha/2 = 0.12/2 = 0.06.
Look up the z-value for 0.06 in the standard normal distribution table to find z alpha/2.
Final Answer
a) For a 90% confidence level, z alpha/2 ≈ 1.645.
b) For a 98% confidence level, z alpha/2 ≈ 2.326.
c) For an 88% confidence level, z alpha/2 ≈ 1.555.
Key Concept
Z Alpha/2
Key Concept Explanation
Z alpha/2 is the critical value in the standard normal distribution that corresponds to the significance level alpha/2 for a two-tailed test. It is used in constructing confidence intervals for population parameters, such as the population mean. The z alpha/2 value helps determine the margin of error in estimating the population parameter.
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