Question 909:

Asked on December 3, 2011

Tags: Critical Value , t statistic

1

Answer:

No answer provided yet.We will use the t-distribution here to find the critical value. We can use a t-table or look up the value using Excel or using the online calculator here:

We pick 2-sided area and enter the proportion of .001 and the degrees of freedom are 49 (50-1).

We get a critical statistic of 3.5004.