lilyungn
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Hi, I need help understanding how do I use t-distribution to estimate the tα/2 . Also what is meant when it asks "verify your result with empirical rule"
The discussion centers on using the t-distribution to estimate the tα/2 value for calculating confidence intervals in small sample sizes. The participants clarify that α represents the level of significance in hypothesis testing, indicating the probability of obtaining results due to chance. The problem involves finding the population mean and standard deviation, listing all possible samples of size 3 from a dataset of 5 units, and computing the mean, standard deviation, and 95% confidence interval for each sample using the t-distribution.
PREREQUISITESStatisticians, data analysts, students in statistics courses, and anyone involved in hypothesis testing and confidence interval estimation.