document.write( "Question 567524: In the formula for the Confidence Interval for the Mean, if the Confidence Coefficient, z(α/2) = 2.58, what is the Confidence Level? \n" ); document.write( "
Algebra.Com's Answer #366586 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! In the formula for the Confidence Interval for the Mean, if the Confidence Coefficient, z(α/2) = 2.58, what is the Confidence Level? \n" ); document.write( "---- \n" ); document.write( "Draw a normal curve where the horizontal axis is the z-values. \n" ); document.write( "Plot z = 2.58 \n" ); document.write( "Find the area to the right of 2.58 \n" ); document.write( "normalcdf(2.58,100) = 0.0049 \n" ); document.write( "---- \n" ); document.write( "Then alpha = 2(0.0049) = 0.0099 \n" ); document.write( "---- \n" ); document.write( "So, 1% is in the two tails. \n" ); document.write( "So the confidence level is 99% \n" ); document.write( "================================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |