What effect will the finite population correction tend

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Reference no: EM131405237

1. As a rule of thumb, under what conditions should the finite population correction be employed in determining confidence intervals and calculating required sample sizes?

2. Compared to situations where the population is either infinite or very large compared to the sample size, what effect will the finite population correction tend to have on

a. the width of a confidence interval?

b. the required size of a sample?

Reference no: EM131405237

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