Author Question: When the sample size is greater than 5 of the population, the formula for the standard error of the ... (Read 134 times)

stevenposner · **on:** Jun 24, 2018

When the sample size is greater than 5 of the population, the formula for the standard error of the mean should be modified with a finite population correction.
a. True
b. False
Indicate whether the statement is true or false

Question 2

As is the case with residuals from regression, the forecast errors for nonregression methods will always average to zero.
a. True
b. False
Indicate whether the statement is true or false