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Asked by: Shu Passinho
personal finance home financingHow do you find the 95 confidence interval on a TI 84?
Therefore, a z-interval can be used to calculate the confidence interval.
- Step 1: Go to the z-interval on the calculator. Press [STAT]->Calc->7.
- Step 2: Highlight STATS. Since we have statistics for the sample already calculated, we will highlight STATS at the top.
- Step 3: Enter Data.
- Step 4: Calculate and interpret.
Accordingly, how do you find the 95 confidence interval?
- Because you want a 95% confidence interval, your z*-value is 1.96.
- Suppose you take a random sample of 100 fingerlings and determine that the average length is 7.5 inches; assume the population standard deviation is 2.3 inches.
- Multiply 1.96 times 2.3 divided by the square root of 100 (which is 10).
- za/2: Divide the confidence interval by two, and look that area up in the z-table: .95 / 2 = 0.475.
- E (margin of error): Divide the given width by 2. 6% / 2.
- : use the given percentage. 41% = 0.41.
- : subtract. from 1.
Similarly, it is asked, what is a statistically significant sample size?
Generally, the rule of thumb is that the larger the sample size, the more statistically significant it is—meaning there's less of a chance that your results happened by coincidence.
For a population with unknown mean and known standard deviation , a confidence interval for the population mean, based on a simple random sample (SRS) of size n, is + z* , where z* is the upper (1-C)/2 critical value for the standard normal distribution.