Question: Explain why the critical value for a given confidence level when the population variance is not known is always greater than the critical value for

Explain why the critical value for a given confidence level when the population variance is not known is always greater than the critical value for the same confidence level when the population variance is known. Discuss.

Step by Step Solution

3.39 Rating (161 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

When estimating a population mean you always need to deal with the error associated wit... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

645-M-S-O-T-P (1334).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!