A random sample of sizen= 178 is taken from a population of sizeN= 3,718 with meanμ= −80 and varianceσ2= 190.[You may find it useful to reference thez table.]
a-1.Is it necessary to apply the finite population correction factor?I really need this one explained. How do you find out if it is less than 5% or more than 5%
a-2.Calculate the expected value and the standard error of the sample mean.(Negative values should be indicated by a minus sign. Round "standard error" to 2decimal places.) Which equation do you use and why?
expected value
standard error
b.What is the probability that the sample mean is between −82 and −78?(Round “z” value to 2 decimal places, and final answer to 4 decimal places.)
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