Power Analysis

Power Analysis helps determine a minimum sample size for a study. Usually, it is performed before collecting actual sample data to understand statistical significance. Power analysis comprises four components – statistical power, sample size, significance level, and expected effect size. If you have estimates for three out of the four components, then the fourth component can be calculated.

SHARE

Related Links

In the fast-paced world of marketing, precise targeting and actionable insights are essential. Campaign managers often…

E-commerce platforms are fast-paced and handle a huge number of transactions. Based on our engagement with…

Scroll to Top