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Answer: Option 1) 2.33
Step-by-step explanation:
For the 98% confidence interval we have that the area between 0 and the z score is equal to:
98% corresponds to 0.98
then the area between 0 and z is half of that:
a = 0.98/2 = 0.490
Now you can search in a table, and you will find that the z-score for this is z = 2.326
So the correct answer is 1) 2.33
where the result is rounded up.
The value of z we should use when making a 98% confidence interval for p is mathematically given as
x= 2.33
Option A
The value of z we should use when making a 98% confidence interval
Generally, we solve for
1/2* 0.98 = 0.49
Using the Normal curve table we determine that the nearest value 0.4901 and its z value is 2.33
Option A
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