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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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