Sample size refers to the number of individuals or observations in a study. It's a crucial aspect of research design that impacts the accuracy and reliability of results. A well-chosen sample size ensures that your study is representative of the population and that your findings are statistically significant.
The formula for calculating sample size depends on whether the population is finite or infinite:
For infinite populations: \[n = \frac{z^2 * p(1-p)}{e^2}\]
For finite populations: \[n = \frac{N * z^2 * p(1-p)}{e^2(N-1) + z^2 * p(1-p)}\]
Where:
Let's calculate the sample size for a survey with the following parameters:
Step 1: Apply the formula for finite population
\[n = \frac{10000 * 1.96^2 * 0.5(1-0.5)}{0.05^2(10000-1) + 1.96^2 * 0.5(1-0.5)}\]Step 2: Calculate
\[n = \frac{9604}{25.9775} \approx 369.7\]Step 3: Round up
\[n = 370\]Therefore, a sample size of 370 is needed for this survey.
This diagram represents the sample size (370) in relation to the total population (10,000). The blue circle shows the proportion of the population that needs to be sampled to achieve the desired confidence level and margin of error.
We can create a free, personalized calculator just for you!
Contact us and let's bring your idea to life.