As a rule of thumb, if the sample size n is large relative to the population size N in particular, if n / N 0.05 then the resulting experiment will not be binomial.

Question

As a rule of thumb, if the sample size n is large relative to the population size N in particular, if n / N  0.05 then the resulting experiment will not be binomial.

Quizplus · Accepted Answer

If n/N is less than or equal to 0.05, the sample size is considered small relative to the population size and the experiment can be approximated as binomial. If n/N is greater than 0.05, the sample size is considered large relative to the population size and the experiment no longer fits the assumptions of a binomial distribution.

As a Rule of Thumb, If the Sample Size N