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Calculating Sampling Error

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Oversample, assume 43% completion rate. Real N = 1536/.43 = 3572.09 or 3573. Question. Assume 48% have heard of your company (based on a survey of N=375) ... – PowerPoint PPT presentation

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Title: Calculating Sampling Error


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Topic 13 Calculating Sampling Error And Sample
Size
3
Oversampling
  • Why?
  • How much?
  • Depends on
  • Where do you find completion rate?

4
Oversampling calculation
  • If N300 and completion rate is 52 (.52)
  • 300/.52576.9577
  • If N600 and completion rate is 45 (.45)
  • 600/.451333.3 1334

5
Sampling error
  • random samples have sampling error
  • Polls say 4 Example Pew Center
  • Remember, were dealing with probability
  • Rule of thumb
    ,
  • which means sure that the number
    produced by the sample is accurate within a
    certain range called the
    .

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Max. sampling error--calc1
  • tells us
    what the biggest error is BEFORE conducting the
    study.
  • SEmax 1.96? (.25/N)
  • If expected N350
  • SEmax 1.96? (.25/350) .052 or
  • 5.2

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Max. sampling error--Why?
  • WHY?
  • Another example assume N1200
  • SEmax 1.96? (.25/1200) .028 or
  • 2.8

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Max. sampling error--Meaning
  • Numbers are
  • If you need accuracy you can tell if your sample
    will get the accuracy you want
  • Tight political race requires
  • Very competitive market requires
  • Rough estimates require
  • Initial market descriptions require

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Question
  • Put this on a piece of paper
  • Day of the week, Todays date
  • Your name
  • Your signature
  • Topic 13

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Sampling error--calc
  • tells us what the error is
    for a result AFTER conducting the study.
  • SE 1.96? (p x q)/N
  • p is the estimate (e.g. 54.54)
  • q is (1-p)

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Sampling error--example
  • If 52 support president N400
  • p .52 ( 52.52)
  • q (1-.52) .48
  • SE 1.96? (.52 x .48)/400
  • .04896 or 4.9

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Sampling error--Meaning
  • Numbers are only . SE gives us
    accuracy of estimates.
  • Not exactly 52 support the president, but we
    are sure that
  • 52
    OR
  • Between support the
    president
  • Questions
  • 1. Does a majority support the president?
  • 2.

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What does this mean?
  • Random samples the population
  • Results are
  • Dont
  • Dont
  • Dont
  • Dont

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Example of meaning
  • After a campaign to develop trust in your
    company, you conducted a study (N250) in which
    you found that 55 have high trust in your
    company and 44 have high trust in your
    competitor. Thats 11 difference!
  • QUESTION Are you sure you are ahead of your
    competition?

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Example of meaning (cont.)
  • Competitor 44 say they have high trust in your
    competitor
  • SE"6.2
  • Range of accuracy
  •  
  • You 55 say they have high trust in
    you
  • SE"6.2
  • Range of accuracy

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More examples?
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Sample sizes and SE
  • If N100, SEmax
  • If N200, SEmax
  • If N400, SEmax
  • If N800, SEmax

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Sample size/SE relation
  • Question what is the relation between sample
    size and sampling error

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Sample size/SE relation (cont.)
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So what is the best size?
  • All other things equal,
  • Below that is
  • Above that is

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Calculating exact N
  • N .96/(SE)2
  • Assume youll accept "2.5 error (SE".025)
  • N .96/(.025)2
  •   N 1536
  • Oversample, assume 43 completion rate
  • Real N 1536/.43 3572.09 or 3573

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Question
  • Assume 48 have heard of your company (based on a
    survey of N375). What is the sampling error
    (just set up the calc)?

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Next time
  • Administering the study

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