Finite population correction factor
Suppose N=90,000, n=18,000, s=50
a. Compute the standard error of xbar using the finite population correction factor.
b. Repeat part a assuming n=36,000
c. Repeat part a assuming n= 90,000
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We have random variables: Ybar (sample mean) and W (the sample variance) for the sample size of n=2 from the distriubiton:
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Suppose N=90,000, n=18,000, s=50. Compute the standard error of xbar using the finite population correction factor.
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