Final answer:
The most correct statement for calculating the 98% confidence interval for the population mean, with a sample size of 16 and a sample standard deviation of 3.2, is option c, which states that the tα/2,n-1 value is 2.60248.
Step-by-step explanation:
To create a 98% confidence interval for the true population mean of final grades based on a sample mean of 62.25 and a sample standard deviation of 3.2 with a sample size of 16 students, we need to find the t-score corresponding to a 98% confidence level with degrees of freedom (df) equal to n-1, where n is the sample size.
The degrees of freedom (df) in this case would be 16 - 1 = 15. Looking up a t-distribution table or using statistical software, we find the t-score that corresponds to a 98% confidence interval and 15 degrees of freedom. The correct t-score (tα/2,n-1) required to calculate the 98% confidence interval from the options given is 2.60248 (answer c). Thus, statement c is most correct among the options provided.
The formula for a confidence interval is given by:
Sample mean ± tα/2,n-1 * (Sample standard deviation / √n)
Using this formula along with the correct t-score, we can calculate the confidence interval for the population mean.