Find the critical value z Subscript alpha/2 that corresponds to the given confidence level. 99?% z Subscript alpha/2 = nothing?

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Answer:

2.576

Step-by-step explanation:

Given :

Confidence level (α) = 99%

Z(1 - α)/2 = Z(1 - 99%)/2

Z1%/2 = Z1%/ 2

Z0.5% = Z0.005

Z(0.99 + 0.005) = Z0.995

Using the Z distribution table ; locate the z value for the proportion 0.995 ; this corresponds to approximately 2.57

Similarly, using the Invnorm calculator function :

Invnorm(0.995) gives a Zscore of :

2.576