5. Suppose we were formulating a 90% confidence interval for mean for a particular random variable that we know is normally distributed. We are going to use a random sample of n=15 to formulate our confidence interval. What value for t should we have?
solution:
Degrees of freedom = df = n - 1 = 15 - 1 = 14
At 90% confidence level the t is ,
= 1 - 90% = 1 - 0.90 = 0.1
/ 2 = 0.1 / 2 = 0.05
t
/2,df = t0.05,14 = 1.761 (
using student t table)
5. Suppose we were formulating a 90% confidence interval for mean for a particular random variable...