SophiaG1939 SophiaG1939

13-05-2018
Mathematics

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In a confidence interval, the finite population correction factor (fpcf) can be ignored when

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maylyn1292 maylyn1292

27-05-2018

In a confidence interval, the Finite Population Correction Factor (FPCF) can be ignored when n=6 and N=500. The FPCF is used on the sample having no replacement from +5% of the finite population. It is required because, in this situation, the estimate‘s standard error will be very large.

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