In estimating the total of a population of size N,where N is very large compared to the sample size,the confidence interval estimator of the total is .

Question

In estimating the total of a population of size N,where N is very large compared to the sample size,the confidence interval estimator of the total is  .

Quizplus · Accepted Answer

This statement is true. When the population size N is very large compared to the sample size, the confidence interval estimator of the total can be approximated using the formula 11ea78b9_2e2b_6486_8379_cf2c31809004_TB4388_11, which gives a margin of error that decreases as the sample size increases.

In Estimating the Total of a Population of Size N,where