SOLUTION: 1.) If we wish to have a 95% confidence level, what would be the value of α?
2.) Determine the value of the confidence coefficient z(α/2) for the situation below:
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2.) Determine the value of the confidence coefficient z(α/2) for the situation below:
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Question 867926: 1.) If we wish to have a 95% confidence level, what would be the value of α?
2.) Determine the value of the confidence coefficient z(α/2) for the situation below:
1 − α = 0.95 Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! 1.) If we wish to have a 95% confidence level, what would be the value of α?
Alpha = 5%
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2.) Determine the value of the confidence coefficient z(α/2) for the situation below:
1 − α = 0.95
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Ans: 1.96
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Cheers,
Stan H.
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