Calculate the percentage of the population sampled and

the finite population correction factor for each of the following

situations.

a. n= 1,000, N= 2,500

b. n= 1,000, N= 5,000

c. n= 1,000, N= 10,000

d. n= 1,000, N= 100,000

Short Answer

Expert verified

a.The percentage of the population sample is 40% and the population correction factor is 0.774597

b.The percentage of the population sample is 20% and the population correction factor is 0.894427

c.The percentage of the population sample is 10% and the population correction factor is 0.948683

d. The percentage of the population sample is 1% and the population correction factor is 0.994987

Step by step solution

01

Given information

a. n= 1,000, N= 2,500

b. n= 1,000, N= 5,000

c. n= 1,000, N= 10,000

d. n= 1,000, N= 100,000

02

Finding the percentage of the population to sample and PCF

a.

The percentage of the population sample is

Percentage of population sample=nN×100%=10002500×100%=40%

The population correction factor is

PCF=1nN=110002500=0.60=0.7746

03

Finding the percentage of the population to sample and PCF

b.

The percentage of the population sample is

Percentage of population sample=nN×100%=10005000×100%=20%

The population correction factor is

PCF=1nN=110005000=0.80=0.8944

04

 Step 4: Finding the percentage of the population to sample and PCF

c.

The percentage of the population sample is

Percentage of population sample=nN×100%=100010000×100%=10%

The population correction factor is

PCF=1nN=1100010000=0.90=0.9487

05

Finding the percentage of the population to sample and PCF

d.

The percentage of the population sample is

Percentage of population sample=nN×100%=1000100000×100%=1%

The population correction factor is

PCF=1nN=11000100000=0.99=0.9950

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