Question

The finite sample correction factor can be ignored in practice, if

A) n/N>=0.95

B)

n/N<=0.05

C) n/N<=0.95

C) n/N>=0.05

Answer 1

Sol:

A population that has fixed upper bound is aid to be finite

For finite population,large samples tend to over estimate the standard error of the sample mean

correction is Sp=sqrt(p*(1-p)/n-1)*sqrt(1-n/N)

If n<N <0.05,the finite population correction factor is ignored

ANSWER:

n/N<=0.05

MARK OPTION B