In Computing the Standard Error of the Mean, the Finite

question 46

Multiple Choice

In computing the standard error of the mean, the finite population correction factor is used when

• A) N/n > 0.05
• B) N/n ≤ 0.05
• C) n/N > 0.05
• D) n/N ≤ 30

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Substitute Resource

A resource that can be used in place of another, especially in production, to accommodate changes in market demand or supply conditions.

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