The finite population correction factor, $\sqrt { \frac { N - n } { N - 1 } }$
,should generally be used when:
A) N is any finite size
B) n is less than 5% of the population size N
C) n is greater than 5% of the population size N
D) n is any finite size

Question

Quizplus · Accepted Answer

The finite population correction factor is used when the sample size n is greater than 5% of the population size N to adjust for the reduced variability in the sample.

The Finite Population Correction Factor N−nN−1\sqrt { \frac { N - n } { N - 1 } }N−1N−n​​

The Finite Population Correction Factor $\sqrt { \frac { N - n } { N - 1 } }$