Why prefer the t-score when the sample size is low? According to this link:

The general rule of thumb for when to use a t score is when your sample size meets the following two requirements:

*

*The sample size is below 30

*The population standard deviation is unknown (estimated from your sample data)

In other words, you must know the standard deviation of the population and your sample size must be above 30 in order for you to be able to use the z-score. Otherwise, use the t-score.

Question: Suppose that our sample size is below 30 and that we do know our population standard deviation.
Why not use the z-score? I understand that according to the central limit theorem, with $n < 30$ so low we would have no expectation that our sample estimator would be normal. Does this have something to do with why we should prefer the t-score in this case?
 A: The highlighted points do not tell the whole story. And your point is correct about always using z tests and confidence intervals when the population standard deviation $\sigma$ is known.
The distinction between t and z methods (for confidence intervals
and tests of hypotheses) is very simple.

If the population standard deviation $\sigma$ is known, always use z.
If the population standard deviation $\sigma$ is not known, and needs to be estimated by the sample standard deviation $S$, always use t.

Notes: (1) It is true that for 95% CIs and tests at the 5% level with more than about 30 observations, you can
substitute the value 1.96 (about 2) from a printed standard normal table (which
cuts 2.5% from the upper tail of the distribution) for the corresponding t value, which will be about 2.
(2) However,
for confidence levels other than 95% or significance levels other
than 5%, the sample size $n$ where t values become near to the z value
will be different from 30. So the 'rule of 30' does not work.
(3) Also, when using software, z tests
always require you to input $\sigma$ and t tests always require you to input $S$--regardless
of the size of $n$.
(4) Beware of information about statistics on unknown web sites, especially
ones with interspersed ads that try to get you to drink (very expensive) beet juice to cure
high blood pressure.
