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finite population multiplier finite population multiplier

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16y ago

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Why can't you have a money multiplier of inifinity?

The money multiplier is the reciprocal of the reserve requirement, which can only be a finite number.


What is finite population?

population whose members can be predicted


Is sampling with replacement a finite population?

no


Will The finite population correction factor lead to a wider confidence interval?

No since it is used to reduce the variance of an estimate in the case that the population is finite and we use a simple random sample.


What does the mathematical term fpc stand for?

Finite Population Correction.


What is the meaning of finite population in statistics?

Finite populations mean a limited size population. Sometimes, a limited population is very large, so it may be treated as an infinite population, for statistical inferences. In statistics, the population size may not be known. The assumption of infinite or finite population is important. If a survey is being conducted in a completely random manner, the same person could be surveyed twice. The chance of this occurring diminishes as the population increases.


A model of population growth that assumes that finite resource levels limit population growth?

Logistic Model


Are human beings infinite?

No. there is definitely a finite amount of them in existence the population now is about 6.7 Billion


In statistics what is the word for the group you are interested in learning about?

In statistics, it is called the 'population'. There are two types of populations: finite and infinite. A finite population can simply be counted such as the number of students in a class. An infinite population, on the other hand, cannot be counted or is very difficult to count such as the residents in a city. Statistics is all about infinite populations because we need to make conclusions about the entire population based on observations of a small sample of that population.


Is the number of asteroids over 0.5 miles?

It is a finite number.It is a finite number.It is a finite number.It is a finite number.


How many different samples of size 3 (with replacement) can be taken from a finite population of size 10?

When sampling with replacement from a finite population, each selection is independent. For a population of size 10, each of the 3 selections can be any of the 10 elements. Therefore, the total number of different samples of size 3 that can be taken is (10^3 = 1000).


Is every subset of a finite set is a finite?

prove that every subset of a finite set is a finite set?