Posted: March 3rd, 2014
Suppose N=20,000, n=5,000, and and s=50. a. compute the standard error of x using the finite population correction factor. b. Repeat part a assuming n=10,000. c. Repeat part a assuming n=20,000. d. Compare parts a, b, and c and describe what happens to the standard error of x as n is increased.
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