Answer :
Answer:
We want a confidence of 99% so then the significance level would be 1%
The degrees of freedom are given by:
[tex] df = n-1= 25-1=24[/tex]
And the critical value using the significance level [tex]\alpha=0.01[/tex] and [tex]\alpha/2 =0.005[/tex] and the critical value would be:
[tex] t_{\alpha/2}= \pm 2.797[/tex]
Step-by-step explanation:
We know the following info :
[tex] s= 0.05[/tex] represent the standard deviation from the sample
[tex] n = 25[/tex] represent the sample size selected
We want a confidence of 99% so then the significance level would be 1%
The degrees of freedom are given by:
[tex] df = n-1= 25-1=24[/tex]
And the critical value using the significance level [tex]\alpha=0.01[/tex] and [tex]\alpha/2 =0.005[/tex] and the critical value would be:
[tex] t_{\alpha/2}= \pm 2.797[/tex]