536 What confidence would be associated with each of the fol
5.3.6. What confidence would be associated with each of the following intervals? Assume that the random variable Y is normally distributed and that sigma is known.
Solution
a)
99% confidence interval , since Z(99%) = 2.33
b)
99.5%
confidence interval , since Z(99.5%) = 2.58
c)
95% confidence interval , since Z(95%) = 1.64
