Suppose N = 10,000, n = 2,000, and s = 50. a. Compute the standard error of

Question:

Suppose N = 10,000, n = 2,000, and s = 50.
a. Compute the standard error of x using the finite population correction factor.
b. Repeat part a assuming n = 4,000.
c. Repeat part a assuming n = 10,000.
d. Compare parts a, b, and c and describe what happens to the standard error of x̅ as n increases.
e. The answer to part c is 0. This indicates that there is no sampling error in this case. Explain.