Knowee
Questions
Features
Study Tools

Find the critical value z/α2 needed to construct a confidence interval with level 80%.Round the answer to two decimal places.The critical value for the 80% confidence level is .

Question

Find the critical value z/α2 needed to construct a confidence interval with level 80%.Round the answer to two decimal places.The critical value for the 80% confidence level is .

🧐 Not the exact question you are looking for?Go ask a question

Solution

To find the critical value (z) for a confidence interval of 80%, you need to follow these steps:

  1. First, subtract the confidence level from 1 to find the alpha level: 1 - 0.80 = 0.20.

  2. Then, divide the alpha level by 2 to find the alpha level for a two-tailed test: 0.20 / 2 = 0.10.

  3. Look up the z-score that corresponds to this alpha level (0.10) in a standard normal distribution table or use a z-score calculator. The z-score that corresponds to an alpha level of 0.10 is approximately 1.28.

So, the critical value z/α2 needed to construct a confidence interval with a level of 80% is approximately 1.28.

This problem has been solved

Similar Questions

Find the critical value t/α2 needed to construct a confidence interval of the given level with the given sample size. Round the answer to at least three decimal places.Level 80%, sample size 18.Critical=value

Find the values of Za/2 for a confidence level of 98%.

What is the z-score of 80% confidence1 point1.281.581.35

For a confidence level of 80% with a sample size of 22, find the critical t value. Rounding to 3 decimal places is acceptable.

First, we need to find the Z-score that corresponds to a 94% confidence level. The Z-score for a 94% confidence level is approximately 1.88 (you can find this value in a standard Z-table or using a calculator).

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.