In computing the standard error of the mean, the finite population correction factor is NOT used when _____.
A) n/N 0.05
B) N/n ≤ 0.05
C) n/N ≤ 0.05
D) n ≥ 30

Question

In computing the standard error of the mean, the finite population correction factor is NOT used when _____.
A) n/N > 0.05
B) N/n ≤ 0.05
C) n/N ≤ 0.05
D) n ≥ 30

Quizplus · Accepted Answer

The finite population correction factor is not used when the sample size (n) is relatively small in comparison to the population size (N), and the proportion (n/N) of the population sampled is small as well. In this case, n/N ≤ 0.05, and thus the correction factor is not needed to make accurate estimates of the standard error of the mean. Option A and D are incorrect because they do not consider the population proportion. Option B is incorrect because it is the opposite of the correct statement.

In Computing the Standard Error of the Mean, the Finite