Describe the finite population correction factor for the sampling distribution for the proportion and the conditions under which it should be applied.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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  1. Describe the finite population correction factor for the sampling distribution for the proportion and the conditions under which it should be applied.
  2. Suppose a certain study reported that 27.7% of high school students smoke. Random samples are selected from high school that has 632 students.
    • If a random sample of 60 students is selected, what is the probability that fewer than 19 of the students smoke?
    • If a random sample of 75 students is selected, what is the probability that more than 17 of the students smoke?
    •  
  1. Explain how to identify the minimum sample size needed to construct a confidence interval for the proportion with a specific margin of the error when the population proportion is unknown.
  2. Consider the following:
    • A random sample of 175 registered voters revealed that 54% of them voted in the last election. Construct a 95% confidence interval to estimate the true proportion of voter turnout.
    • A pilot sample of 50 voters found that 30 of them voted in the last election. How many more voters must be sampled to construct a 95% interval with a margin of error equal to 0.04?
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