0:00:00.190,0:00:02.660 - [Instructor] We are asked[br]what is the critical value, 0:00:02.660,0:00:05.790 t star or t asterisk, for constructing 0:00:05.790,0:00:09.310 a 98% confidence interval for a mean 0:00:09.310,0:00:14.170 from a sample size of n is[br]equal to 15 observations? 0:00:14.170,0:00:16.630 So just as a reminder[br]of what's going on here, 0:00:16.630,0:00:18.370 you have some population. 0:00:18.370,0:00:19.580 There's a parameter here, 0:00:19.580,0:00:21.410 let's say it's the population mean. 0:00:21.410,0:00:24.970 We do not know what this[br]is, so we take a sample. 0:00:24.970,0:00:27.580 Here we're going to take a sample of 15, 0:00:27.580,0:00:30.990 so n is equal to 15, and from that sample 0:00:30.990,0:00:33.200 we can calculate a sample mean. 0:00:33.200,0:00:36.340 But we also want to construct[br]a 98% confidence interval 0:00:36.340,0:00:38.010 about that sample mean. 0:00:38.010,0:00:39.880 So we're going to go take that sample mean 0:00:39.880,0:00:42.800 and we're going to go plus or[br]minus some margin of error. 0:00:42.800,0:00:44.510 Now in other videos we have talked about 0:00:44.510,0:00:46.690 that we want to use[br]the t distribution here 0:00:46.690,0:00:49.850 because we don't want to[br]underestimate the margin of error, 0:00:49.850,0:00:52.665 so it's going to be t star times 0:00:52.665,0:00:56.200 the sample standard deviation divided by 0:00:56.200,0:00:59.340 the square root of our sample[br]size, which in this case 0:00:59.340,0:01:02.320 is going to be 15, so[br]the square root of n. 0:01:02.320,0:01:03.570 What they're asking us is 0:01:03.570,0:01:05.760 what is the appropriate critical value? 0:01:05.760,0:01:10.370 What is the t star that we[br]should use in this situation? 0:01:10.370,0:01:13.620 We're about to look at, I[br]guess we call it a t table 0:01:13.620,0:01:16.890 instead of a z table, but[br]the key thing to realize 0:01:16.890,0:01:19.670 is there's one extra variable[br]to take into consideration 0:01:19.670,0:01:23.090 when we're looking up the[br]appropriate critical value 0:01:23.090,0:01:27.340 on a t table, and that's this[br]notion of degree of freedom. 0:01:27.340,0:01:29.670 Sometimes it's abbreviated df. 0:01:29.670,0:01:31.970 I'm not going in depth[br]on degrees of freedom. 0:01:31.970,0:01:34.720 It's actually a pretty deep concept, 0:01:34.720,0:01:36.880 but it's this idea that you[br]actually have a different 0:01:36.880,0:01:40.670 t distribution depending on[br]the different sample sizes, 0:01:40.670,0:01:42.540 depending on the degrees of freedom, 0:01:42.540,0:01:44.990 and your degree of freedom is going to be 0:01:44.990,0:01:47.490 your sample size minus one. 0:01:47.490,0:01:50.060 In this situation, our degree[br]of freedom is going to be 0:01:50.060,0:01:54.100 15 minus one, so in this[br]situation our degree of freedom 0:01:54.100,0:01:56.160 is going to be equal to 14. 0:01:56.160,0:01:58.450 This isn't the first time[br]that we have seen this. 0:01:58.450,0:02:00.530 We talked a little bit[br]about degrees of freedom 0:02:00.530,0:02:03.470 when we first talked about[br]sample standard deviations 0:02:03.470,0:02:05.210 and how to have an unbiased estimate 0:02:05.210,0:02:07.390 for the population standard deviation. 0:02:07.390,0:02:09.840 In future videos we'll go into[br]more advanced conversations 0:02:09.840,0:02:12.080 about degrees of freedom,[br]but for the purposes 0:02:12.080,0:02:14.640 of this example, you need to know that 0:02:14.640,0:02:17.380 when you're looking at the t distribution 0:02:17.380,0:02:19.640 for a given degree of freedom,[br]your degree of freedom 0:02:19.640,0:02:21.490 is based on the sample[br]size and it's going to be 0:02:21.490,0:02:23.760 your sample size minus one[br]when we're thinking about 0:02:23.760,0:02:26.280 a confidence interval for your mean. 0:02:26.280,0:02:29.080 Now let's look at the t table. 0:02:29.080,0:02:32.005 We want a 98% confidence interval 0:02:32.005,0:02:35.893 and we want a degree of freedom of 14. 0:02:36.890,0:02:40.010 Let's get our t table out, and I actually 0:02:40.010,0:02:41.940 copied and pasted this[br]bottom part and moved it up 0:02:41.940,0:02:43.650 so you could see the whole thing here. 0:02:43.650,0:02:45.300 What's useful about this t table 0:02:45.300,0:02:47.300 is they actually give[br]our confidence levels 0:02:47.300,0:02:50.450 right over here, so if you[br]want a confidence level of 98%, 0:02:50.450,0:02:53.020 you're going to look at this column, 0:02:53.020,0:02:55.580 you're going to look at[br]this column right over here. 0:02:55.580,0:02:59.160 Another way of thinking about[br]a confidence level of 98%, 0:02:59.160,0:03:02.620 if you have a confidence level of 98%, 0:03:02.620,0:03:07.230 that means you're leaving 1% unfilled in 0:03:07.230,0:03:09.680 at either end of the[br]tail, so if you're looking 0:03:09.680,0:03:12.780 at your t distribution,[br]everything up to and including 0:03:12.780,0:03:16.620 that top 1%, you would[br]look for a tail probability 0:03:16.620,0:03:21.450 of 0.01, which is, you[br]can't see right over there. 0:03:21.450,0:03:23.040 Let me do it in a slightly brighter color, 0:03:23.040,0:03:25.820 which would be that tail[br]probability to the right. 0:03:25.820,0:03:27.650 Either way, we're in this[br]column right over here. 0:03:27.650,0:03:30.080 We have a confidence level of 98%. 0:03:30.080,0:03:32.330 Remember, our degrees of freedom, 0:03:32.330,0:03:37.193 our degree of freedom here,[br]we have 14 degrees of freedom, 0:03:37.193,0:03:41.613 so we'll look at this row right over here. 0:03:41.613,0:03:43.210 So there you have it. 0:03:43.210,0:03:46.333 This is our critical t value, 2.624. 0:03:48.750,0:03:51.200 So let's just go back here. 0:03:51.200,0:03:56.200 2.264 is this choice right[br]over here, and we're done.