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Question

Find the critical​ t-value that corresponds to​ 99%confidence and n=10

A)2.821.

B)1.833

C)3.250

D)2.262

***this is a multiple choice question

Answer 1

=T.INV(0.995,9) in Excel yields a value of 3,250 (note the change from .99 to .995 as it is 2-sided; alternatively, we can use =T.INV.2T(0.01,9) and get the same result).