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Author Question: Random samples of size 100 are taken from an infinite population whose population proportion is 0.2. ... (Read 537 times)

urmomsucks

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on: Mar 25, 2023

Question 1

In computing the standard error of the mean, the finite population correction factor is used when


◦

N/n > 0.05


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N/n 0.05


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n/N > 0.05


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n/N 30



Question 2

Random samples of size 100 are taken from an infinite population whose population proportion is 0.2. The mean and standard deviation of the sample proportion are


◦

0.2 and .04


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0.2 and 0.2


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20 and .04


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20 and 0.2

Essentials of Statistics for Business and Economics ¦ Anderson, Sweeney, Williams, Camm, Cochran ¦ 7th Edition
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Marked as best answer by urmomsucks on Mar 25, 2023

KobyRhoads

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Reply #1 on: Mar 25, 2023
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urmomsucks

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Reply 2 on: Mar 25, 2023
Great answer, keep it coming :)

6ana001

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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