Question #324827

1. Find the value of the finite population correction factor when:

 

a)   n = 10 and N = 10000

b)   n = 40 and N= 10,000


Expert's answer

a) FPC=N−nN−1=10000−1010000−1=99909999=0.99955.FPC=\sqrt{\cfrac{N-n}{N-1}}=\sqrt{\cfrac{10000-10}{10000-1}}=\sqrt{\cfrac{9990}{9999}}=0.99955.


b) FPC=N−nN−1=10000−4010000−1=99609999=0.99805.FPC=\sqrt{\cfrac{N-n}{N-1}}=\sqrt{\cfrac{10000-40}{10000-1}}=\sqrt{\cfrac{9960}{9999}}=0.99805.

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