A Finite Population Correction Factor Is Needed in Computing the Standard

question 112

Multiple Choice

A finite population correction factor is needed in computing the standard deviation of the sampling distribution of sample means

• A)whenever the population is infinite
• B)whenever the sample size is more than 5% of the population size
• C)whenever the sample size is less than 5% of the population size
• D)The correction factor is not necessary if the population has a normal distribution

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Interest Expense

The cost incurred by an entity for borrowed funds, often represented as an annual percentage rate of the principal.

Current Ratio

The current ratio is a liquidity metric that measures a company's ability to pay off its short-term liabilities with its short-term assets.

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A written promise that amounts will be received by the person holding the note, usually involving interest.

Return Ratio

A financial metric used to measure the efficiency or profitability of an investment, calculated by dividing the gain (or loss) from the investment by its cost.