Sample Size and Population Size
In survey research, a sample of about individuals is typically considered adequate to make accurate estimates, regardless of whether the broader population consists of a hundred thousand or a hundred million people. This is because a confidence interval depends only on the size of the sample itself, not on the size of the population. Furthermore, while increasing the sample size continues to shrink the confidence interval—meaning the sample statistic is likely closer to the true population value—it does so at a progressively slower rate. Consequently, the minor gains in statistical confidence achieved by surveying significantly more than people are generally not considered worth the additional time and financial cost.
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Research Methods in Psychology - 4th American Edition @ KPU
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Confidence Interval
Sample Size and Population Size
When determining the optimal sample size for a survey, what are the two primary factors a researcher must generally balance?
Sample Size and Population Size
Example of a Confidence Interval
By definition, a confidence interval is a statistical range calculated around a sample statistic that is designed to contain which of the following a specified percentage of the time?