Homework Help is Here – Start Your Trial Now!
Math
Statistics
When a population is finite, the formula that determines the standard error of the mean needs to be adjusted. If N is the size of the population and n is the size of the sample (where n ≥ 0.05N), the standard error of the mean is shown below. The finite population correction factor is given by the expression √(N-n)/(N-1). Determine the finite population correction factor for each of the following. (a) N = 1700 and n = 850 (c) N = 1700 and n = 125 (b) N = 1700 and n = 170 (d) N = 1700 and n = 85 (e) What happens to the finite population correction factor as the sample size n decreases but the population size N remains the same? (a) The finite population correction factor is (Round to three decimal places as needed.)

When a population is finite, the formula that determines the standard error of the mean needs to be adjusted. If N is the size of the population and n is the size of the sample (where n ≥ 0.05N), the standard error of the mean is shown below. The finite population correction factor is given by the expression √(N-n)/(N-1). Determine the finite population correction factor for each of the following. (a) N = 1700 and n = 850 (c) N = 1700 and n = 125 (b) N = 1700 and n = 170 (d) N = 1700 and n = 85 (e) What happens to the finite population correction factor as the sample size n decreases but the population size N remains the same? (a) The finite population correction factor is (Round to three decimal places as needed.)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 14PPS
See similar textbooks
icon
Related questions
Question
When a population is finite, the formula that determines the standard error of the mean needs to be adjusted. If N is the size of the population and n is the size of the sample (where n ≥ 0.05N), the standard error of the mean is shown below. The finite population correction factor is given by the expression (N-n)/(N-1). Determine the finite population correction factor for each of the following. (a) N = 1700 and n = 850 (c) N = 1700 and n = 125 (e) What happens to the finite population correction factor as the sample size n decreases but the population size N remains the same? (b) N = 1700 and n = 170 (d) N = 1700 and n = 85 (a) The finite population correction factor is (Round to three decimal places as needed.)
Transcribed Image Text:When a population is finite, the formula that determines the standard error of the mean needs to be adjusted. If N is the size of the population and n is the size of the sample (where n ≥ 0.05N), the standard error of the mean is shown below. The finite population correction factor is given by the expression (N-n)/(N-1). Determine the finite population correction factor for each of the following. (a) N = 1700 and n = 850 (c) N = 1700 and n = 125 (e) What happens to the finite population correction factor as the sample size n decreases but the population size N remains the same? (b) N = 1700 and n = 170 (d) N = 1700 and n = 85 (a) The finite population correction factor is (Round to three decimal places as needed.)
Expert Solution
steps

Step by step

Solved in 3 steps with 5 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
SEE MORE TEXTBOOKS