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Determining ideal sample sizes
 
Carrying out a survey always has the aim to collect data about a certain population. In the easiest Case, the population is small and, therefore, it is possible to question all relevant persons to get a Complete picture of their opinions on a certain topic
As group size increases, the difficulties to question everyone are increasing too (organizing The survey, costs of the survey, etc.). Although web surveys offer a very good cost ratio for large Surveys, it becomes obvious that at a certain stage, only a sample of people can be questioned.
To gain a representative sample of customer opinions it is not necessary to speak to all customers.
Sampling allows companies to gain information from a small number of customers who will represent the total universe of their customer base, therefore ensuring reduced costs and shorter timescales for research.
Sample sizes are worked out on a mathematical basis using square roots. Therefore the sample size needed to produce results within 5 percent accuracy (when the universe size is known) for a range of universe sizes is, for example:
Universe Number Sample Size
500 222
1000 206
5000 370
10000 305
50000 397
Caution
The smaller the sample size the higher the probability of a range of error being present in research results.
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