5.5: Finite Population Correction Factor

... apart from what are called correction factors. The one for the SD is called the finite population correction or fpc. finite population correction = √N−nN−1 ...

The Finite Population Correction Factor (FPC) is used when you sample without replacement from more than 5% of a finite population. It's needed because under ...

2023年1月3日 — When the sample size used to compute estimates around a population is large and it meaningfully “depletes” the population, you can use a ...

When the population size, N, is large, the finite-population correction factor is nearly 1 and thus will not change the standard error very much.11. You may be ...

2023年12月13日 — It is learned that the population of White German Shepherds in the USA is 4,000 dogs, and the mean weight for German Shepherds is 75.45 pounds.

2020年9月17日 — A simple explanation of the finite population correction factor, including a definition and several examples.

The fpc reduces the standard error and researchers are advised to use it when a sample comprises more than 5% of the population (Knaub, 2008) .

The Finite Population Correction Factor, sometimes just called the FPC factor, is used when the sample size is large relative to the population size.