Based on the Nielsen ratings, the local CBS affiliate claims its 11:00 PM newscast reaches 41% of the viewing audience in the area. In a survey of 100 viewers, 36% indicated that they watch the late evening news on this local CBS station.
What is the critical value if α = 0.01?
A) 2.58
B) 2.33
C) ±2.58
D) -2.33
E) None of these statements are true

Question

Quizplus · Accepted Answer

The critical value for a two-tailed test with α = 0.01 is ±2.58.

Based on the Nielsen Ratings, the Local CBS Affiliate Claims