Stats: Modeling the World Nasta Edition Grades 9-12
Stats: Modeling the World Nasta Edition Grades 9-12
3rd Edition
ISBN: 9780131359581
Author: David E. Bock, Paul F. Velleman, Richard D. De Veaux
Publisher: PEARSON
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Chapter 23, Problem 1E

(a)

To determine

To estimate the critical value of t for a 90% confidence interval with df=17 , using the t table, software or a calculator.

(a)

Expert Solution
Check Mark

Answer to Problem 1E

The t value for a 90% confidence interval with df=17 is 1.74 .

Explanation of Solution

Now, we have to calculate the t value for a 90% confidence interval with df=17 so, we will use excel to calculate the value. Thus,

Formula used:

TINV function returns the two-tailed inverse of the Student's t -distribution. Thus, the syntax for the same is as:

TINV( 2× probability,deg_freedom)

Calculation:

Now, it is given that:

It is a one tail test,

  df=17c=0.90α2=10.902=0.102=0.05

Now, by putting above information in the formula we have,

    t-value=TINV(2*0.05,17)

Now, after calculating it we have,

    t-value1.740

Thus, we have that the t value for a 90% confidence interval with df=17 is 1.74 .

(b)

To determine

To estimate the critical value of t for a 98% confidence interval with df=88 , using the t table, software or a calculator.

(b)

Expert Solution
Check Mark

Answer to Problem 1E

The t value for a 98% confidence interval with df=88 is 2.37 .

Explanation of Solution

Now, we have to calculate the t value for a 98% confidence interval with df=88 so, we will use excel to calculate the value. Thus,

Formula used:

TINV function returns the two-tailed inverse of the Student's t -distribution. Thus, the syntax for the same is as:

TINV( 2× probability,deg_freedom)

Calculation:

Now, it is given that:

It is a one tail test,

  df=88c=0.98α2=10.982=0.022=0.01

Now, by putting above information in the formula we have,

    t-value=TINV(2*0.01,88)

Now, after calculating it we have,

    t-value2.37

Thus, we have that the t value for a 98% confidence interval with df=88 is 2.37 .

(c)

To determine

To estimate the P-value for t2.09 with 4 degrees of freedom, using the t table, software or a calculator.

(c)

Expert Solution
Check Mark

Answer to Problem 1E

The P-value for t2.09 with 4 degrees of freedom be 0.052415 .

Explanation of Solution

Now, we have to calculate the P-value for t2.09 with 4 degrees of freedomso, we will use excel to calculate the value. Thus,

Formula used:

TDIST returns the Percentage Points (probability) for the Student t -distribution where a numeric value ( x ) is a calculated value of t for which the Percentage Points are to be computed. Thus, the syntax for the same is as:

TDIST ( x ,deg_freedom,tails)

Calculation:

Now, it is given that:

It is a one tail test,

  df=4x=2.09

Now, by putting above information in the formula we have,

    P-value=TDIST(2.09,4,1)

Now, after calculating it we have,

    P-value0.052415

Thus, we have that the P-value for t2.09 with 4 degrees of freedom be 0.052415 .

(d)

To determine

To estimate the P-value for |t|>1.78 with 22 degrees of freedom, using the t table, software or a calculator.

(d)

Expert Solution
Check Mark

Answer to Problem 1E

The P-value for |t|>1.78 with 22 degrees of freedom be 0.088894 .

Explanation of Solution

Now, we have to calculate the P-value for |t|>1.78 with 22 degrees of freedom so, we will use excel to calculate the value. Thus,

Formula used:

TDIST returns the Percentage Points (probability) for the Student t -distribution where a numeric value ( x ) is a calculated value of t for which the Percentage Points are to be computed. Thus, the syntax for the same is as:

TDIST ( x ,deg_freedom,tails)

Calculation:

Now, it is given that:

It is a two tail test,

  df=22|t|>1.78

Now, by putting above information in the formula we have,

    P-value=TDIST(1.78,22,2)

Now, after calculating it we have,

    P-value0.088894

Thus, we have that the P-value for |t|>1.78 with 22 degrees of freedom be 0.088894 .

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