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The Following MINITAB Output Presents a Confidence Interval for a Population

question 49

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The following MINITAB output presents a confidence interval for a population mean.
 Variable N Mean  StDev  SE Mean 99% CI x3089.492833.33976.0870(72.693,106.293) \begin{array}{crrrcc}\hline \text { Variable } & \mathrm{N} & \text { Mean } & \text { StDev } & \text { SE Mean } & 99 \% \text { CI } \\x & 30 & 89.4928 & 33.3397 & 6.0870 & (72.693,106.293) \\\hline\end{array}
Find the critical value tα/2t _ { \alpha / 2 } for a 98%98 \% confidence interval.


Definitions:

Percent Confident

A statistical measure that quantifies the level of confidence in the likelihood of an event or outcome.

Human Behavior

The range of actions and mannerisms exhibited by humans in conjunction with their environment, themselves, and other humans.

Systematic Mistake

Refers to consistent, predictable errors made by individuals or systems due to flaws in the decision process or design.

Consumer Reports

Independent evaluations and reviews of consumer products and services.

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