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    Basic Business Statistics Study Set 1
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    Exam 8: Confidence Interval Estimation
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    If You Were Constructing a 99% Confidence Interval of the Population
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If You Were Constructing a 99% Confidence Interval of the Population

Question 163

Question 163

Multiple Choice

If you were constructing a 99% confidence interval of the population mean based on a sample of n=25 where the standard deviation of the sample S = 0.05,the critical value of t will be


A) 2.7874.
B) 2.4851.
C) 2.4922.
D) 2.7969.

Correct Answer:

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