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.
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.
Step by Step Solution
3.35 Rating (158 Votes )
There are 3 Steps involved in it
a b c d As n increases x decreases e We a... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
1346-M-S-S-D(5052).docx
120 KBs Word File
