Determine construct the sample size is 5 and the level confidence is 99.9%. the value of t necessary to a confidence interval when

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
**Constructing a Confidence Interval**

To determine the value of \( t \) necessary for constructing a confidence interval when the sample size is 5 and the level of confidence is 99.9%, follow these steps:

1. **Determine Degrees of Freedom (df):**
   - Degrees of Freedom: \( df = n - 1 \)
   - Given sample size (\( n \)) is 5.
   - \( df = 5 - 1 = 4 \)

2. **Locate \( t \)-Value:**
   - Using a *t-distribution table* or statistical software, locate the \( t \)-value corresponding to \( df = 4 \) for a 99.9% confidence level.
   - For a 99.9% confidence level, the critical region is \( \alpha = 0.001 \), and hence, you look for \( \frac{\alpha}{2} = 0.0005 \).

By consulting a t-distribution table or relevant software, you can find this specific \( t \)-value. Ensure your resources provide accurate \( t \)-values for high confidence levels and corresponding degrees of freedom.

Understanding and applying the correct \( t \)-value is crucial in achieving accurate results in statistical analysis, ensuring the reliability of your confidence intervals.
Transcribed Image Text:**Constructing a Confidence Interval** To determine the value of \( t \) necessary for constructing a confidence interval when the sample size is 5 and the level of confidence is 99.9%, follow these steps: 1. **Determine Degrees of Freedom (df):** - Degrees of Freedom: \( df = n - 1 \) - Given sample size (\( n \)) is 5. - \( df = 5 - 1 = 4 \) 2. **Locate \( t \)-Value:** - Using a *t-distribution table* or statistical software, locate the \( t \)-value corresponding to \( df = 4 \) for a 99.9% confidence level. - For a 99.9% confidence level, the critical region is \( \alpha = 0.001 \), and hence, you look for \( \frac{\alpha}{2} = 0.0005 \). By consulting a t-distribution table or relevant software, you can find this specific \( t \)-value. Ensure your resources provide accurate \( t \)-values for high confidence levels and corresponding degrees of freedom. Understanding and applying the correct \( t \)-value is crucial in achieving accurate results in statistical analysis, ensuring the reliability of your confidence intervals.
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman