5.3.19. Rewrite Definition 53.1 to cover the case where a finite correction factor needs to be included (Le., situations where the sample size n is not negligible relative to the population size N).
5..3.20. A Forbes-Gallop polJ in the summer of 1994 questioned 304 chief executives chosen from a list of 865 of the nation's largest companies. To the question "Over the next 6 months do you expect the overa ll U.S. business climate to get beuer, worse, or remain about the same?" 70 of the 304 said "better" (52). What margin of error is associated
with their claim that 23% of CEOs (= :J& X 100) are bullish on the economy? Include
a finite correction factor in your calculation (see Question 53.19).
<em>No answers yet</em>