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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

笔别谤肠别苍迟补驳别鈥塷蹿鈥塸辞辫耻濒补迟颈辞苍鈥塻补尘辫濒别=nN100%=10002500100%=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

笔别谤肠别苍迟补驳别鈥塷蹿鈥塸辞辫耻濒补迟颈辞苍鈥塻补尘辫濒别=nN100%=10005000100%=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

笔别谤肠别苍迟补驳别鈥塷蹿鈥塸辞辫耻濒补迟颈辞苍鈥塻补尘辫濒别=nN100%=100010000100%=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

笔别谤肠别苍迟补驳别鈥塷蹿鈥塸辞辫耻濒补迟颈辞苍鈥塻补尘辫濒别=nN100%=1000100000100%=1%

The population correction factor is

PCF=1nN=11000100000=0.99=0.9950

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