The finite population correction factor (FPCF) can be ignored when the sample size is large relative to the population size.

Question

Quizplus · Accepted Answer

The finite population correction factor (FPCF) is typically ignored when the sample size is small relative to the population size, not large. It is used to adjust the standard error of a sample statistic when sampling without replacement from a finite population, and its impact diminishes as the sample size becomes a smaller fraction of the total population.

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