7.6
Confidence limits at a confidence level—say at 95%—cover 95% of the area under the curve.
Remaining 5% of the area, which is designated by α, is distributed equally on either tail of the data distribution. In the case of 95% level, it would be 2.5%.
In other words, α/2 = 0.025.
Recall that calculating estimates for population parameters require z scores obtained using the z distribution.
Such a z score calculated at the right tail of the distribution—that is—at positive α/2 is known as the critical value. It is denoted as zα/2.
A critical z value for a given confidence level is a fixed value. It does not change over any number of samples or for a statistic.
To calculate the critical z value for any confidence level, look for 1−α/2 value in the z table.
For the 95% level, look for 0.975, not 0.95, to note the value of 1.96.
Similarly, for 90% and 99% confidence levels, the critical z values are 1.645 and 2.575, respectively.
Een kritieke waarde is een specifieke waarde verkregen uit een bepaalde kansverdeling bij een vooraf vastgesteld betrouwbaarheidsniveau (of een vooraf…
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