You Use the Finite Population Correction Factor When

question 177

Multiple Choice

You use the finite population correction factor when

• A)you sample without replacement and the sample size is larger than 5% of the population size.
• B)you sample without replacement and the sample size is smaller than 5% of the population size.
• C)you sample with replacement and the sample size is larger than 5% of the population size.
• D)you sample with replacement and the sample size is smaller than 5% of the population size.

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Definitions:

Implicit Favorite

An unconscious bias or preference for a particular option or individual, often influencing decision-making processes without explicit awareness.

Alternatives

Different options or choices available in a decision-making process that can be considered when planning strategies or solving problems.

Systematically Evaluating

The process of methodically assessing or examining something to determine its value, effectiveness, or significance based on set criteria.

Measurement

The process of quantitatively assessing or determining the magnitude, amount, or degree of something.