Simple random sampling
For SRSWOR of size n from N units with population variance :
Var(ȳ — the factor (1 − n/N) is the finite population correction. With replacement there is no fpc, so SRSWOR is more efficient.
ȳ is unbiased for the population mean under both schemes.
Worked: population {2, 4, 6}, samples of size 2 without replacement. The three samples have