Cochran Formula For Finite Population:
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The Cochran formula is a statistical method used to determine the appropriate sample size for a study when dealing with finite populations. It ensures that research results are statistically significant and reliable while accounting for population constraints.
The calculator uses the Cochran formula for finite populations:
Where:
Explanation: The formula calculates the minimum sample size needed to achieve desired precision while accounting for the finite nature of the population being studied.
Details: Proper sample size calculation is crucial for research validity. It ensures studies have adequate power to detect effects, prevents wasted resources on undersized studies, and provides reliable, generalizable results.
Tips: Enter Z-score based on confidence level (1.96 for 95%, 2.576 for 99%), estimated proportion (use 0.5 for maximum variability), margin of error (typically 0.05 or 5%), and total population size.
Q1: When Should I Use The Finite Population Correction?
A: Use when your sample size represents more than 5% of the total population. For very large populations, the infinite population formula may be sufficient.
Q2: What Z-Score Should I Use?
A: Common Z-scores are 1.645 (90% CI), 1.96 (95% CI), and 2.576 (99% CI). Choose based on your desired confidence level.
Q3: What If I Don't Know The Proportion (p)?
A: Use 0.5 (50%) as this provides the most conservative estimate and maximum sample size requirement.
Q4: How Does Margin Of Error Affect Sample Size?
A: Smaller margins of error require larger sample sizes. Halving the margin of error quadruples the required sample size.
Q5: Can This Formula Be Used For All Study Types?
A: This formula is best suited for proportion studies. Different formulas exist for means, correlations, and other statistical measures.