I have two samples of the same population and wish to reduce the sample sizes, but maintain the same ratio of precision produced in the original samples. I suspect I can take the square root of the original sample size, but this produces very small samples. How, in short, can I scale down the original samples, but maintain the same ratio of precision? Any advice (and a formula!) would be much appreciated.
Example: Original sample sizes for the same population (population N is c. 20,000) N for sample A = 2537; N for sample B = 520
How do I reduce sample sizes while maintaining the same relative precision? Gary Marks Burton Craige Dist. professor, UNC-Chapel Hill
Example: Original sample sizes for the same population (population N is c. 20,000) N for sample A = 2537; N for sample B = 520
How do I reduce sample sizes while maintaining the same relative precision? Gary Marks Burton Craige Dist. professor, UNC-Chapel Hill