Question: The finite population correction factor can be ignored when sampling with replacement or when n 0.05N. When collecting a sample (without replacement) that is

The finite population correction factor can be ignored when sampling with replacement or when n ≤ 0.05N. When collecting a sample (without replacement) that is 5% of the population N, what do the values of the finite population correction factor have in common for values of N > 600? (That is, try calculating the factor for a few values of N ≥ 600 and with n = 0.05N. What do the results have in common?)

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