Leandro wants to build a one-sample $z$ interval with $98 \%$ confidence to estimate the proportion of light bulbs that arrive broken upon shipment to his store. He takes a random sample of 500 bulbs and finds that 25 arrived broken.

What critical value $z^{*}$ should Leandro use to construct this confidence interval?

Choose 1 answer:
(A) $z^{*}=1.96$
(B) $z^{*}=2.054$
(C) $z^{*}=2.326$
(D) $z^{*}=2.576$

Question

Leandro wants to build a one-sample $z$ interval with $98 \%$ confidence to estimate the proportion of light bulbs that arrive broken upon shipment to his store. He takes a random sample of 500 bulbs and finds that 25 arrived broken.

What critical value $z^{*}$ should Leandro use to construct this confidence interval?

Choose 1 answer:
(A) $z^{*}=1.96$
(B) $z^{*}=2.054$
(C) $z^{*}=2.326$
(D) $z^{*}=2.576$

Accepted Answer

∻Solution by Steps∻ ‖ step 1 ⋮ Identify the confidence level for the z-interval, which is given as 98%. ‖ ‖ step 2 ⋮ Locate the z-score that corresponds to the 98% confidence level. According to the asksia-ll calculation list, the z-score for a 98% confidence interval is found between the left and right critical values of -2.32635 and 2.32635. ‖ ‖ step 3 ⋮ Since confidence intervals are always positive, we take the positive value of the z-score. ‖ ∻[question number] Answer∻ ***C*** ∻Key Concept∻ ⚹Critical Value for Confidence Interval⚹ ∻Explanation∻ ⚹The critical value (z*) for a confidence interval is the z-score that corresponds to the desired level of confidence. It is used to determine the margin of error for the interval.⚹◊What is the formula for calculating the standard error of the sample proportion in this scenario⍭ Generate me a similar question◊

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