Sample size and significance tool
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Question - how do I know how many people I should interview to obtain statistically significant results?
Answer - the issue is less whether the results are significant, more whether the difference in the results between two surveys is significant. The general rule is that the larger your sample size, the more sensitive it is to recognising small differences.
Key action points
N.B. - as far as we know this is about the only tool in the market that does this simple task simply. At Mud Valley, we find it invaluable, and use it constantly.
There is a general misconception that statistical significance tests tell you whether the results of a survey are significant or not.
What statistical significance testers actually tell you is:
- the likely margin of error in the results, as in "there is a 5% plus/minus on your result of 65%, so the real-world result could be anywhere between 60% and 70%"
- whether the results of the second survey are statistically different from those of the first survey
In more detail ....
Most applications of statistical significance tests relate to tracking research, where you are comparing two sets of results.
This two sample significance calculator will tell you whether there is a significant difference between the results of two surveys. So if the first survey said that 65% of the sample had heard of you, then the next survey said
70% of the sample hard heard of you, have you increased your awareness levels in the market, or is the
difference in the results within the statistical margin of error?
By turning the tool "on its head", you can also judge what sample size you need by putting in mock results to see when the differences become significantly different as you increase your sample size.
For this calculator you need only two pieces of information:
the % results for each survey
the sample sizes for each survey for that question
That is all we can say about it. It is simple. It is unique. It answers the statistical questions every brand marketer asks when commissioning research and when reveiwing the results.
Click here for free tools and know-how materials from the Mud Valley™ strategy & brand marketing community.
For further information, please contact us by telephone at:
- Belgium tel: +32 (0)2 747 0945
- France tel: +33 (0)1 76 63 74 09
- UK tel: +44 (0)208 099 7385
or by e-mail at enquiries@mudvalley.co.uk.
© 2006, Mud Valley ™ brand marketing community.
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