- Sample size should be neither too small nor too large, but rather an optimal size that adequately represents the population. It can be calculated using factors like availability of funds, time, nature of study, and sampling technique.
- There are two main approaches to determining sample size: one based on precision and confidence level using formulas, and one based on Bayesian statistics. Effect size indicates how meaningful a relationship or group difference is, and can be small, medium, or large. It is calculated in various ways depending on the statistical test.