In: Statistics and Probability
Suppose you have selected a random sample of n =5 measurements from a normal distribution. Compare the standard normal z values with the corresponding t values if you were forming the following confidence intervals.
(a) 8080% confidence interval
z=
t=
(b) 9898% confidence interval
z=
t=
(c) 9595% confidence interval
z=
t=
ConfidenceIntervals
A
n = Degrees of freedom = df = n - 1 = 5- 1 = 4
a ) At 80% confidence level the t is ,
= 1 - 80% = 1 - 0.80 = 0.20
/ 2= 0.20 / 2 = 0.10
t /2,df = t 0.10,4 = 1.533 ( using student t table)
B
Degrees of freedom = df = n - 1 = 5- 1 = 4
a ) At 98% confidence level the t is
= 1 - 98% = 1 - 0.98 = 0.02
/ 2 = 0.02/ 2 = 0.01
t /2,df = t0.01,4 =3.746 ( using student t table)
Degrees of freedom = df = n - 1 =5 - 1 = 4
At 95% confidence level the t is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2= 0.05 / 2 = 0.025
t /2,df = t0.025,4 =2.776 ( using student t table)