Asked by Preston Heffington on May 04, 2024
Verified
A sample of size 25 is selected at random from a finite population.If the finite population correction factor is 0.63,then the population size is:
A) 25
B) 66
C) 41
D) None of these choices.
Finite Population Correction Factor
A factor applied to the calculation of sampling error when sampling without replacement from a finite population.
- Calculate population size using the finite population correction factor.
Verified Answer
ZK
Zybrea KnightMay 05, 2024
Final Answer :
C
Explanation :
The finite population correction factor (FPC) is given as:
FPC = sqrt((N-n)/(N-1))
where n is the sample size and N is the population size.
Substituting the given values, we get:
0.63 = sqrt((N-25)/(N-1))
Squaring both sides, we get:
0.3969 = (N-25)/(N-1)
Multiplying both sides by (N-1), we get:
0.3969N - 0.3969 = N - 25
Simplifying and rearranging, we get:
0.6031N = 24.6031
N = 40.79 (rounded to two decimal places)
Therefore, the population size is 41 (closest integer to 40.79).
Hence, the answer is C)41.
FPC = sqrt((N-n)/(N-1))
where n is the sample size and N is the population size.
Substituting the given values, we get:
0.63 = sqrt((N-25)/(N-1))
Squaring both sides, we get:
0.3969 = (N-25)/(N-1)
Multiplying both sides by (N-1), we get:
0.3969N - 0.3969 = N - 25
Simplifying and rearranging, we get:
0.6031N = 24.6031
N = 40.79 (rounded to two decimal places)
Therefore, the population size is 41 (closest integer to 40.79).
Hence, the answer is C)41.
Learning Objectives
- Calculate population size using the finite population correction factor.
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