General Sample Size Formula for Finite Population:
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The sample size calculation determines the number of observations needed to achieve statistically significant results in a study. This formula is specifically designed for finite populations where the total population size is known.
The calculator uses the finite population correction formula:
Where:
Explanation: The formula balances the desired confidence level (z-score), expected variability (σ), population size (N), and acceptable margin of error (e) to determine the minimum sample size needed.
Details: Proper sample size calculation ensures studies have adequate power to detect effects while avoiding unnecessary resource expenditure on overly large samples.
Tips: Common z-scores: 1.96 (95% CI), 2.576 (99% CI). Standard deviation can be estimated from pilot studies or literature. Margin of error is typically 3-5% for surveys.
Q1: What's a typical z-score to use?
A: For 95% confidence level (most common), use z = 1.96. For 99% confidence, use z = 2.576.
Q2: How to estimate standard deviation?
A: Use results from pilot studies, similar research, or conservative estimate (0.5 for proportions).
Q3: When is finite population correction needed?
A: When your sample size exceeds 5% of the total population (N).
Q4: What if my population is very large?
A: For infinite populations (N > 100,000), use the simplified formula without finite correction.
Q5: How does margin of error affect sample size?
A: Smaller margins require larger samples. Halving the margin of error quadruples the required sample size.