As a General Rule in Computing the Standard Error of the Sample

question 34

Multiple Choice

As a general rule in computing the standard error of the sample mean, the finite population correction factor is used only if the:

• A) sample size is smaller than 10% of the population size.
• B) population size is smaller than 10% of the sample size.
• C) sample size is greater than 1% of the population size.
• D) population size is greater than 1% of the sample size.

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Definitions:

Labor Movement

The collective organization of working people developed to protect and further their rights and interests.

New Deal

A series of programs and policies implemented by President Franklin D. Roosevelt in the 1930s to counter the effects of the Great Depression.

Labor

Human effort, either physically or mentally, expended in the production of goods and services.

Rural Electrification Administration

A U.S. federal government agency created in 1935 to bring electricity to rural areas that were not served by existing utility companies, greatly improving quality of life.