Suppose n80000 n20000 and s50a compute the standard error, Ask an Expert

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Suppose N=80,000, n=20,000, and s=50.

a. Compute the standard error of x using the finite population correction factor. Round to four decimal places.

b. Repeat part a assuming n = 40,000

c. Repeat part a assuming n = 80,000

d. Compare parts a, b, and c, and describe what happens to the standard error of x (with a line over it) as n is increased.

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