In: Statistics and Probability
Find the number C such that P(X < C) = .01 where X is distributed according to t(14) (t-distribution with 14 degrees of freedom)
Group of answer choices
C = -2.624
C = 2.624
C = 2.602
C = -2.602
Solution:
Given:
df = 14
P( X < C )= 0.01
We have to find value of C using t distribution.
P( X < C )= 0.01 that means, area below C is 0.01
thus this C value is in left tail , thus C value would be negative.
Look in t table for df = 14 and one tail ( left tail) area = 0.01
C = 2.624
but since this is in left tail, so C value would be negative
that is:
C = -2.624
Thus correct answer is:
C = -2.624
We can use Excel command also:
=T.INV(probability , df)
=T.INV(0.01,14)
=-2.624
Thus C = -2.624