QUESTION IMAGE
Question
7 multiple choice 4 points determine the confidence level. determine the confidence level for confidence interval shown in the figure below. 98% 95% 90% 80% 99%
Step1: Recall the formula for confidence level
The confidence level is calculated as \(1-\alpha\).
Step2: Find the value of \(\alpha\)
Given \(\frac{\alpha}{2}=0.10\), then \(\alpha = 2\times0.10=0.20\).
Step3: Calculate the confidence level
Using the formula \(1 - \alpha\), we substitute \(\alpha = 0.20\). So, \(1-0.20 = 0.80\) or \(80\%\).
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
\(80\%\)