There is an important relationship between the standard normal distribution and confidence levels. Demonstrate your understanding of this relationship by identifying the z score associated with a 94% level of confidence. This question does not require you to use the information about the 1,496 respondents provided above.
Solution :-
Relationship between the standard normal distribution and confidence levels.
For a confidence interval with level C, the value = (1-C).
A 94% confidence interval for the standard normal distribution, then, the interval is (-1.881, 1.881), since 94% of the area under the curve falls within this interval.
At 94 %, Confidence level ' z ' is,
= 1 - 94 %
= 1 - 0.94
= 0.06
/2 = 0.06 / 2 = 0.03
By using Standard Normal ' z ' table ,
Z /2 = 1.881
There is an important relationship between the standard normal distribution and confidence levels. Demonstrate your understanding of...
There is an important relationship between the standard normal distribution and confidence levels. Demonstrate your understanding of this relationship by identifying the z score associated with a 94% level of confidence.
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