Showing posts with label inverse square root method. Show all posts
Showing posts with label inverse square root method. Show all posts
Sunday, October 1, 2017
Statistical power and minimum sample size requirements
The WarpPLS menu option “Explore statistical power and minimum sample size requirements”, available starting in version 6.0, allows you to obtain estimates of the minimum required sample sizes for empirical studies based on the following model elements: the minimum absolute significant path coefficient in the model (e.g., 0.21), the significance level used for hypothesis testing (e.g., 0.05), and the power level required (e.g., 0.80). Two methods are used to estimate minimum required sample sizes, the inverse square root and gamma-exponential methods. These methods simulate Monte Carlo experiments, and thus produce estimates that are in line with the estimates that would be produced through the Monte Carlo method.
Related YouTube video:
Explore Statistical Power and Minimum Sample Size in WarpPLS
http://youtu.be/mGT6-NKUe3E
Article in the Information Systems Journal discussing the methods:
http://onlinelibrary.wiley.com/doi/10.1111/isj.12131/full
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