When a population is finite, the formula that determines the standard error of the mean a needs to be adjusted. If N is
Posted: Wed Jul 06, 2022 12:25 pm
When a population is finite, the formula that determines the standard error of the mean a needs to be adjusted. If N is the size of the population and n is the size of the sample (where n20.05N), then the standard error of the mean is 0 N-n N-n N-1 is called the finite population correction factor Use the finite population The expression √√N-1 correction factor to construct the confidence interval for the population mean described below x = 19,7 a=0.4 N = 400 a:= c= 0.90 The 90% confidence interval for the population mean is (Round to two decimal places as needed.) n=49