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.
Power Analysis
SHARE
Related Links
How Open Banking and Advanced Analytics Reshape Financial Services Open Banking is revolutionizing the financial services…
B2B2C (Business-to-Business-to-Consumer) is more than a transactional model—it’s a complex ecosystem. It connects businesses (B2B) to…
