1. Determine the finite population correction factor for each of the following.
(a) N = 1000 and n = 500
(b) N = 1000 and n = 100
(c) N = 1000 and n = 75
(d) N = 1000 and n = 50
(e) What happens to the finite population correction factor as the sample size n decreases but the population size N remains the same?
2. Determine the finite population correction factor for each of the following.
(a) N = 100 and n = 50
(b) N = 400 and n = 50
(c) N = 700 and n = 50
(e) What happens to the finite population correction factor as the population size N increases but the sample size n remains the same?
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