A finite population correction (fpc) factor increases the size of the standard error of the mean when sampling is done without replacement from a finite population.

Question

Quizplus · Accepted Answer

The finite population correction (fpc) factor actually decreases the size of the standard error of the mean when sampling is done without replacement from a finite population, because it accounts for the reduction in variability due to the finite size of the population.

A Finite Population Correction (Fpc) Factor Increases the Size of the Standard