Find the critical value zc that corresponds to a 94 confiden
Find the critical value zc that corresponds to a 94% confidence level.
A. ±2.33
B. ±1.645
C. ±1.88
D. ±1.96
Solution
At c = 0.94,
alpha/2 = (1-c)/2 = (1-0.94)/2 = 0.03
Thus, using table or technology, the z score with left/right tailed area of 0.03 are,
z(alpha/2) = +/- 1.880793608 = +/- 1.88 [ANSWER, C]
