Finite population correction factor

अब Quizwiz के साथ अपने होमवर्क और परीक्षाओं को एस करें!

making inferences

Answering probability questions about the population.

Most of the time we don't have the data for the entire population

So that's why we use the sampling distribution of the sample mean to make inferences about the population.

In case two earlier conditions have been met

We add FPC to our standard error formula.

When calculating variance

We remove square root from the FPC

Finite population correction factor(FPC)

We use it when we are sampling without replacement and when we are sampling for more than 5 % of the finite population

If the original population is normally distributed, then the sampling distribution of the sample mean

Will also be normally distributed, regardless of sample size

Finite population

a population of limited size


संबंधित स्टडी सेट्स

Chapter 22: Revolution in the Transatlantic World

View Set

Medieval Europe: Unit Test Review

View Set

Management Test 2 - ch 7,8,9 - In class questions

View Set

Chap 5 Underwriting and Policy Issue

View Set

NUR108 #1 - Chapter 2: Caring for Women & Children (Family-Centered Community-Based Care)

View Set

Ch 4 Validating and Documenting Data

View Set