Calculate the Percentage of the Population Sampled If N =

question 125

Essay

Calculate the percentage of the population sampled if n = 100 and N = 10,000. Should the standard error in this situation be multiplied by a finite population correction factor?
Explain.

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Definitions:

Normal Distribution

A statistical distribution where data forms a symmetrical bell-shaped curve around the mean, often found in natural and social phenomena.

Bimodal Distribution

A probability distribution with two different modes or peaks, representing two prevalent values in a dataset.

Creativity

The use of the imagination or original ideas to create something; a process involving the generation of new, innovative solutions or expressions.

Imaginatively

In a manner that shows creativity or inventiveness, especially in solving problems or creating artistic works.