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Multiple Choice
Find the critical value for an 80% confidence interval given a sample size of 51.
A
0.10
B
1.299
C
0.300
D
2.598
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Verified step by step guidance
1
Step 1: Understand that the critical value t_{\frac{\alpha}{2}} is used in constructing confidence intervals for the mean when the population standard deviation is unknown and the sample size is small.
Step 2: Determine the degrees of freedom for the t-distribution. The degrees of freedom is calculated as the sample size minus one. For a sample size of 51, the degrees of freedom is 50.
Step 3: Identify the level of significance \alpha for the confidence interval. An 80% confidence interval implies that \alpha = 1 - 0.80 = 0.20.
Step 4: Calculate \frac{\alpha}{2} to find the critical value for a two-tailed test. \frac{\alpha}{2} = \frac{0.20}{2} = 0.10.
Step 5: Use a t-distribution table or calculator to find the critical value t_{\frac{\alpha}{2}} for \frac{\alpha}{2} = 0.10 and 50 degrees of freedom. This value is the critical t-value needed for the confidence interval.