The finite population correction factor for adjusting the confidence interval when sampling from a
finite population is used when n
N

Name: The finite population correction factor for adjusting the confidence interval when sampling from a finite population is used when n N < 0.05.
Brand: Quizplus
Rating: 4.7 (36 reviews)

Question

The finite population correction factor for adjusting the confidence interval when sampling from a
finite population is used when n
N
< 0.05.

Quizplus · Accepted Answer

The finite population correction factor is typically considered or used when the sample size (n) is greater than 5% of the total population size (N), which means when n/N > 0.05.

The Finite Population Correction Factor for Adjusting the Confidence Interval