The sample size calculator determines the minimum number
of contacts to include in your sample, based on what you consider
to be an acceptable margin of error. Results are reported at a 95%
confidence level.
About this task
Determining the appropriate sample size is important when
your goal is to make inferences about a group of people based on a
sample. In general, a larger sample size produces a smaller margin
of error. Use the sample size calculator to either compute the sample
size needed for a particular error bound, or to determine the error
bound for different sample sizes.
Procedure
-
On the Sample tab of the Sample process configuration dialog, click
Sample size calculator.
The Sample size calculator opens.
-
For Response rate estimate, enter your best guess for the
Minimum and Maximum response rates that you expect
from your marketing campaign.
These two values must be percentages between 0% and 100%. The lower the expected response rate,
the larger the sample size must be to achieve the same level of accuracy for the measured response
rate.
-
If you are not using a predictive model, select No model as the
Modeling estimate.
-
If you are using a predictive model, select Model performance, then
enter percentages for the Cumulative gain and File
depth.
To obtain these values:
- Open the Evaluate reports in IBM®
SPSS® Modeler Advantage Enterprise Marketing Management
Edition, and
open the Testing partition.
- Select the Gains tab, and display the information as a
Table.
- Use a value from the first column (Segment) of the table as the File
depth, to indicate the percentage of customers that you intend to contact.
- Use the corresponding value from the last column (Cumulative Gain) of the table as the
Cumulative gain.
The calculator uses this information to determine the
number of samples that you need to use, based on the expected response rate and modeling
performance.
- Use either approach:
- To determine the minimum sample size based on the margin of error that you are willing to
accept: Enter a value of 0% to 100% in the Error bound (+ or -) field to
indicate the percentage margin of error that you are willing to accept for this sample. Then click
Compute sample size. The Min. sample size field
indicates the smallest sample that will meet the specified error bound. A smaller error bound
percentage requires a larger sample size. Conversely, a larger error bound requires a smaller sample
size. For example, a 3% error bound requires a larger sample size than if you allow for a 10% error
bound.
- To determine the margin of error that will result from a specific sample size: Enter a value in
the Min. sample size field to indicate the sample size that you plan to use,
then click Compute error bound. Based on the results, you can decide whether
to increase or decrease the sample size. Larger sample sizes result in smaller error bounds. If the
resulting error bound is too high, use a larger sample size.
- After you determine the optimal sample size:
-
Copy the value from the Min. sample size field.
- Click Done to close the calculator.
-
Confirm that Specify size by # records is selected.
-
Paste the value into the Max. size field in the Sample process
box.