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

question 60

Short Answer

As a general rule in computing the standard error of the sample mean, the finite population correction factor is used only if the: $\begin{array}{|l|l|}\hline A&\text { sample size is smaller than \( 10 \% \) of the population size. }\\\hline B&\text { population size is smaller than \( 10 \% \) of the sample size.}\\\hline C&\text { sample size is greater than \( 1 \% \) of the population size. }\\\hline D&\text {population size is greater than \( 1 \% \) of the sample size. }\\\hline \end{array}$

---

Definitions:

Independent

Characterizes an entity or person free from outside control or influence, often highlighting autonomy in decision-making.

Value-Creating

Activities or strategies undertaken by a company that increase its worth and enhance shareholder value.

Average Accounting Return

A measure used to evaluate the profitability of an investment, calculated as the average annual profit divided by the initial investment cost.

Payback Period

The length of time it takes for an investment to recover its initial outlay of cash, through income or savings.