When a population is finite, the formula that determines the standard error of the mean needs to be adjusted. If N is th

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When A Population Is Finite The Formula That Determines The Standard Error Of The Mean Needs To Be Adjusted If N Is Th 1 (18.36 KiB) Viewed 16 times

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 n20.05N), 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=1200 and n=600 (b) N=1200 and n=120 (d) N=1200 and n = 60 (c) N=1200 and n=75 (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.) come