Question

12: If the size of the sample is 5 and size of the population
is 2000. the correction factor is




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Answer 1

Answer:

If a simple random sample of size n is selected without replacement from a finite population of size N, and the sample size is more than 5% of the population size (n > 0.05N ) , better results can be obtained by using the finite population correction factor, which involves multiplying the margin of error E by √(N - n)/(N - 1). For the sample of 100 weights of M&M candies in Data Set 18 from Appendix B, we get width= = 0.8565 g and s = 0.0518 g. First construct a 95% confidence interval estimate of assuming that the population is large, then construct