What is the value of the finite population correction factor when a sample size of 25 was taken from a finite population of 101?
A)0.87
B)0.76
C)0.36
D)1.32

Question

Quizplus · Accepted Answer

To calculate the finite population correction factor, we use the formula: 
fpc = sqrt((N-n)/(N-1))
where N is the population size and n is the sample size. Substituting N = 101 and n = 25, we get:
fpc = sqrt((101-25)/(101-1)) = sqrt(0.76) = 0.87 (rounded to two decimal places). Therefore, the correct choice is A.

What Is the Value of the Finite Population Correction Factor