The t-distribution is a type of probability distribution that looks similar to a normal distribution but has fatter tails. This means that it is more spread out compared to a normal distribution. It is particularly useful when dealing with smaller sample sizes and unknown population standard deviations.
We use the t-distribution instead of the normal distribution because it provides a more accurate reflection of what's happening in our sample, given those circumstances.
To find the t-value, which is crucial for calculating our confidence interval, we need to know the degrees of freedom (df). In statistics, degrees of freedom help to determine the shape of the t-distribution. They are calculated as follows:\[ df = n - 1 \] where
- \(n\) is the sample size.
- In our exercise, this gives us \(df = 17 - 1 = 16\).
For a 90% confidence interval and 16 degrees of freedom, we can look up the t-value using statistical tables or calculators, which gives us approximately 1.746.