Answer Happy

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