SOLUTION: You are given the following information, find the Z-statistic: (95% level of confidence) based on the Z-test Xbar = 980 U = 1000 Sample stdev = 50 N = 36

Algebra ->  Probability-and-statistics -> SOLUTION: You are given the following information, find the Z-statistic: (95% level of confidence) based on the Z-test Xbar = 980 U = 1000 Sample stdev = 50 N = 36      Log On


   



Question 305428: You are given the following information, find the Z-statistic: (95% level of confidence) based on the Z-test
Xbar = 980
U = 1000
Sample stdev = 50
N = 36

Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
You are given the following information, find the Z-statistic: (95% level of confidence) based on the Z-test
Xbar = 980
U = 1000
Sample stdev = 50
N = 36
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The z-value depends only on the level of confidence.
For 95% confidence the z-value is 1.96
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Cheers,
Stan H.