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- https://stats.libretexts.org/Courses/Fresno_City_College/Book%3A_Business_Statistics_Customized_(OpenStax)/07%3A_The_Central_Limit_Theorem/7.05%3A_Finite_Population_Correction_FactorTo correct for the impact of this, the Finite Correction Factor can be used to adjust the variance of the sampling distribution. The Finite Population Correction Factor for the variance of the means s...To correct for the impact of this, the Finite Correction Factor can be used to adjust the variance of the sampling distribution. The Finite Population Correction Factor for the variance of the means shown in the standardizing formula is: 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.
- https://stats.libretexts.org/Courses/Saint_Mary's_College_Notre_Dame/BFE_1201_Statistical_Methods_for_Finance_(Kuter)/05%3A_Point_Estimates/5.05%3A_Finite_Population_Correction_FactorWe saw that the sample size has an important effect on the variance and thus the standard deviation of the sampling distribution. To correct for the impact of this, the Finite Population Correction Fa...We saw that the sample size has an important effect on the variance and thus the standard deviation of the sampling distribution. To correct for the impact of this, the Finite Population Correction Factor can be used to adjust the variance of the sampling distribution. If the sample size is 100 dogs, then find the probability that a sample will have a mean that differs from the true population mean by less than 2 pounds.
- https://stats.libretexts.org/Courses/Fresno_City_College/Introduction_to_Business_Statistics_-_OER_-_Spring_2023/07%3A_The_Central_Limit_Theorem/7.05%3A_Finite_Population_Correction_FactorTo correct for the impact of this, the Finite Correction Factor can be used to adjust the variance of the sampling distribution. The Finite Population Correction Factor for the variance of the means s...To correct for the impact of this, the Finite Correction Factor can be used to adjust the variance of the sampling distribution. The Finite Population Correction Factor for the variance of the means shown in the standardizing formula is: 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.
