We ensure that your market research report or the business consulting reports are backed by optimal number of sample size that will help you arrive at accurate results. The ultimate goal is to obtain both a desirable accuracy and a confidence level with minimum cost, as large sample sometimes dry up our resources and very small sample often lead to not viable results in order to conclude. Our team at Statswork is a group of seasoned statisticians who are also experts in determining the ideal sample size to pull out information from data.
How we calculate the sample size?
It is not just a theoretical way to calculate the sample size where our Statswork experts ensure they provide you with the sample size only with the research back-up. We analyze the existing studies on your research objective and do a comparative study. Based on the limitations of the existing studies and using other parameters, we decide the price quote. Here is the way how we calculate the sample size.
Method (i) Sample size (n) is calculated through margin error formula:
Method (ii) Sample size calculated from population mean:
What information I need to provide for sample size calculation
Before committing the project, we will be asking for the following information such as- Objective of the study
- Target population
- Target geographical area
- Rarity of the Sample studied
- Specific parameters (which may vary according to the study)
How can you reach us ?
You can reach us via email at info@statswork.com or just fill this form so that we can get in touch with you. Get 30 minutes free consultation