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Random Sampling Error and Sample Size are Related

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Presentation on theme: "Random Sampling Error and Sample Size are Related"— Presentation transcript:

1 Random Sampling Error and Sample Size are Related

2 Sample size Determination It depends on the following factors Precision Level Importance of Decision to be based Affordability Requirements of Analysis

3 Sample Size Variance (standard deviation) Magnitude of error
Confidence level

4 Sample Size Formula Where, Z = Confidence level E = Range of error
S = Standard deviation

5 Sample Size Formula - Example
Suppose a survey researcher, studying expenditures on lipstick, wishes to have a 95 percent confidence level (Z) and a range of error (E) of less than Rs2.00. The estimate of the standard deviation is Rs29.00.

6 Sample Size Formula - Example

7 Sample Size Formula - Example
Suppose, in the same example as the one before, the range of error (E) is acceptable at Rs 4.00, sample size is reduced.

8 Sample Size Formula - Example

9 Calculating Sample Size
99% Confidence [ ] 1389 = 265 . 37 2 53 74 ú û ù ê ë é ) 29 )( 57 ( n 347 6325 18 4

10 Standard Error of the Proportion

11 Confidence Interval for a Proportion

12 Sample Size for a Proportion

13 E pq z n = Where: n = Number of items in samples
2 E pq z n = Where: n = Number of items in samples Z2 = The square of the confidence interval in standard error units. p = Estimated proportion of success q = (1-p) or estimated the proportion of failures E2 = The square of the maximum allowance for error between the true proportion and sample proportion or zsp squared.

14 Calculating Sample Size at the 95% Confidence Level
753 = 001225 . 922 ) 24 )(. 8416 3 ( 035 ( . 4 6 (. 96 1. n q p 2

15 Errors in Sampling Broadly there are two types of errors.
Sampling Errors : These are also known as Un-Systematic Errors. Non- Sampling Error : This is also known as Systematic Errors

16 Sampling Error The difference between the sample results and the result of a census conducted using identical procedures. These are Statistical fluctuation due to chance variations. They can be controlled by increasing sample size.

17 Non-Sampling Error It may be due to unrepresentative sample results, or due to study design or imperfections in execution. It can be of two types, Non-Response Error: It occurs when some of the respondents do not respond. It actually reduces the decided sample size. Response Error: These errors are related to the responses of the respondents. It can further be classified as,

18 Types of Response Error
Researcher Errors: Measurement error, Data processing error, Population definition error, sampling Frame error etc. Respondent Error: Inability Error, Unwillingness error. Interviewer Error: Respondent selection error, Questioning error, Recording error.

19 Error Vs. Sample Size Error Sample Size Sampling Error (chance)
Non- Sampling Error (bias) Sample Size


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