Questions: What is the value of the t score for a 99.8% confidence interval if we take a sample of size 5?
Transcript text: What is the value of the $t$ score for a $99.8 \%$ confidence interval if we take a sample of size 5 ?
Solution
Solution Steps
To find the $t$ score for a $99.8\%$ confidence interval with a sample size of 5, we need to use the t-distribution table or a statistical function. The degrees of freedom (df) will be the sample size minus one. For a sample size of 5, df = 4. We then look up the $t$ score that corresponds to the $99.8\%$ confidence level.
Step 1: Determine Degrees of Freedom
For a sample size of \( n = 5 \), the degrees of freedom (df) is calculated as:
\[
df = n - 1 = 5 - 1 = 4
\]
Step 2: Identify Confidence Level
The confidence level given is \( 99.8\% \), which can be expressed as:
\[
\alpha = 1 - 0.998 = 0.002
\]
Step 3: Calculate the t-Score
To find the t-score corresponding to a \( 99.8\% \) confidence interval with \( df = 4 \), we look for the critical value at \( \frac{1 + 0.998}{2} = 0.999 \). The calculated t-score is:
\[
t = 7.1732
\]
Final Answer
The value of the \( t \) score for a \( 99.8\% \) confidence interval with a sample size of 5 is \\(\boxed{7.1732}\\).