In order to estimate the mean salary for a population of 500 employees,the president of a certain company selected at random a sample of 40 employees.If the population standard deviation is $800,compute the standard error both with and without using the finite population correction factor.
With correction factor:
Without correction factor:

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The Answer of In order to estimate the mean salary for a population of 500 employees,the president of a certain company selected at random a sample of 40 employees.If the population standard deviation is $800,compute the standard error both with and without using the finite population correction factor.
With correction factor:
Without correction factor:

In Order to Estimate the Mean Salary for a Population