https://i.imgur.com/ASlRqWe.png
I keep checking the Z tables and I dont know how you get 2.58?
I know the 99% confidence interval means we have 0.5 on both sides of the normal distribution tales, but where do you get 2.58 from?
Thanks
https://i.imgur.com/ASlRqWe.png
I keep checking the Z tables and I dont know how you get 2.58?
I know the 99% confidence interval means we have 0.5 on both sides of the normal distribution tales, but where do you get 2.58 from?
Thanks
For certain std. confidence intervals there are critical values of z:
eg.
90% - 1.65
95% - 1.96
98% - 2.33
99% - 2.58
These are typically taken from the Z-Table