The finite population correction factor is a correction for the ...

[itsmyluck]

The finite population correction factor is a correction for the standard error when the sample size is fairly large relative to the population size.
 a. True
  b. False
   Indicate whether the statement is true or false

Question 2

The runs test uses a series of 0's and 1's. The 0's and 1's typically represent whether each observation is:
 a. above or below the predicted value of Y
  b. above or below the mean value of Y
  c. is above or below the mean value of the previous two observations
  d. is positive or negative

[Christopher]

Answer to Question 1

TRUE

Answer to Question 2

b