The finite population correction factor (FPCF) can be ignored if n = 7 and N = 700.

Name: The finite population correction factor (FPCF) can be ignored if n = 7 and N = 700.
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The FPCF can be ignored if the ratio of the sample size (n) to the population size (N) is less than or equal to 0.05, which is the case when n=7 and N=700 because 7/700=0.01. Therefore, the FPCF can be ignored in this scenario.

The Finite Population Correction Factor (FPCF) Can Be Ignored If