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Sample Size Formula Excel Template

The document provides information and formulas for calculating sample size based on population characteristics like total score, mean, standard deviation, margin of error, and proportion of the population. It gives examples of calculating sample size for different datasets, one with a large population of 1000 students and another for a small population of 52 hotels. The purpose is to determine the needed sample size to estimate the proportion of a population within a specified margin of error and confidence level.

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Andrian Cervera
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© © All Rights Reserved
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Download as XLSX, PDF, TXT or read online on Scribd
67 views

Sample Size Formula Excel Template

The document provides information and formulas for calculating sample size based on population characteristics like total score, mean, standard deviation, margin of error, and proportion of the population. It gives examples of calculating sample size for different datasets, one with a large population of 1000 students and another for a small population of 52 hotels. The purpose is to determine the needed sample size to estimate the proportion of a population within a specified margin of error and confidence level.

Uploaded by

Andrian Cervera
Copyright
© © All Rights Reserved
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Sample Size Excel Template

Visit: www.educba.com
Email: [email protected]
Assume GRE score is out for a Brand X coaching center for the 1000 students. The Score achieved
is 3002 and the mean is found to be 1480. It has a standard deviation of 480. You expect the Margin
of Error to be 80%. The proportion is set to be 0.8. Calculate Sample Size using the information:

Total Score (X) 3002


Mean Value (M) 1480
Standard Deviation (σ) 480
Margin of Error (E) 80%
Proportion of the Population (P) 0.8
Q Value 0.2

Z - Score is calculated using the formula given below


Z = (X – M) / σ

Z - Score 3.17

Sample Size is calculated using the formula given below


S = (Z2 * P * Q) / E2

Sample Size 2.51


Assume a hill station X has a total number of 52 hotels. We need to find how many hotels provide breakfast
in X. Half of the hotel may render breakfast service for the customers hence let us take P as 0.5. The Confidence
level is 95% and the Margin of Error also consider as 85%. Calculate Sample Size using the information:

Population Size (N) 52


Z Score (Confidence Level = 95%) 1.96
Margin of Error (E) 85%
Proportion of the population (P) 0.5
Q value 0.5

For Large Population


Sample Size is calculated using the formula given below
S = (Z2 * P * Q) / E2

Sample Size 1.33

For Small Population


Sample Size is calculated using the formula given below
Ssmall = S / (1 + ((S - 1) / N))

Sample Size 1.32


ovide breakfast
.5. The Confidence
Below are the two different sets of data. Calculate sample size using below information.

Variables Values
Data Set 1 2
Population Size (N) - 38
Total Score (X) 6000 -
Mean Value (M) 3200 -
Standard Deviation (σ) 867 -
Z Score 3.23 1.96
Margin of Error (E) 95% 88%
Proportion of the Population (P) 0.7 0.6
Q Value 0.3 0.4

For Large Population


Sample Size is calculated using the formula given below
S = (Z2 * P * Q) / E2

Sample Size 2.43 1.19

For Small Population


Sample Size is calculated using the formula given below
Ssmall = S / (1 + ((S - 1) / N))

Sample Size - 1.185

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