Ask Question
26 March, 06:06

Find the critical value zα/2 that corresponds to a 93% confidence level.

+4
Answers (1)
  1. 26 March, 10:05
    0
    The critical value is used to compute the margin of error. (Margin of error = Critical value x Standard deviation of the statistic or Margin of error = Critical value x Standard error of the statistic).

    If the statistic has normal sampling distribution, then the t he critical value can be expressed as a t score or as a z score.

    α = 1 - (confidence level / 100)

    α = 1 - (93 / 100) = 1-0.93=0.07

    The critical probability is: pc = 1 - α/2 pc=1-0.035=0.965

    The critical value is 1.81.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Find the critical value zα/2 that corresponds to a 93% confidence level. ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers