finite population
fixed-size group a statistical population that has a limited size
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fixed-size group a statistical population that has a limited size
The central limit theorem (CLT) is a statistical theory which holds that, given a sufficiently large sample size from a sufficiently varied population, the mean of all results will be approximately equal to the mean of the population. In addition, samples will roughly follow a normal distribution
The ethical failures that lay behind the crisis go to the heart of modern economic theory. If we want economic growth, we must also accept economic decline. We inhabit a closed planetary ecosystem with finite resources. While solar radiation, wind energy, and gravity offer virtually unlimited energy
By Roger Steare
at the National Coal Board, he argued that coal should be preferable to petrol as the main energy source for the world’s population. This view was based on his analysis of oil as a finite resource. Schumacher’s development theories were based around the concepts of intermediate size, and intermediate technology
Water trading allows finite water resources to be allocated to uses where they will create the most value. The Australian government estimates that water trading in the basin of the rivers Murray and Darling increased the country’s gross domestic product by AU$220 million (US$230 million) in 2008
By Charlie Corbett
Definitions of ’finite population’ and meaning of ’finite population’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’finite population’ and other financial terms with our online QFINANCE Financial Dictionary.