1. **State the problem:**
We are given $\frac{\alpha}{2} = 0.025$ and need to find the critical value $z_{\frac{\alpha}{2}}$ rounded to 3 decimal places.
2. **Find the critical value:**
Using technology (e.g., statistical software or z-tables), the critical value for $z_{0.025}$ is approximately $1.960$.
3. **Use the formula for minimum sample size:**
The formula is
$$n = \left( \frac{z_{\frac{\alpha}{2}} \cdot \sigma}{E} \right)^2$$
where:
- $z_{\frac{\alpha}{2}}$ is the critical value,
- $\sigma$ is the population standard deviation,
- $E$ is the margin of error.
4. **Plug in the rounded critical value:**
Use $z_{\frac{\alpha}{2}} = 1.960$ (rounded to 3 decimal places) in the formula.
5. **Interpretation:**
The minimum sample size $n$ must be calculated using the above formula with the given $\sigma$ and $E$ values (not provided here).
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6. **Next problem: Construct a 90% confidence interval for the mean number of years worked.**
- Sample size $n=37$, sample mean $\bar{x} = 12.3$, sample standard deviation $s=4.2$.
- Population standard deviation $\sigma$ unknown.
- Population distribution unknown but $n > 30$.
7. **Determine appropriate method:**
Since $\sigma$ is unknown and $n > 30$, we use the t-distribution critical value.
8. **Find the t critical value for 90% confidence and df = 36:**
Using technology, $t_{0.05,36} \approx 1.688$.
9. **Calculate the confidence interval:**
$$CI = \bar{x} \pm t_{\frac{\alpha}{2}, n-1} \cdot \frac{s}{\sqrt{n}}$$
Calculate margin of error:
$$E = 1.688 \times \frac{4.2}{\sqrt{37}} = 1.688 \times 0.691 = 1.167$$
10. **Final confidence interval:**
$$12.3 \pm 1.167 = (11.13, 13.47)$$
Rounded to 2 decimal places, the 90% confidence interval is $(11.13, 13.47)$.
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**Summary:**
- Critical value $z_{\frac{\alpha}{2}} = 1.960$
- Minimum sample size formula given
- 90% confidence interval for mean years worked: $(11.13, 13.47)$ using t-distribution
Critical Value Sample Size 52F3B4
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