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Planning sample sizes when effect sizes are uncertain: The power-calibrated effect size approach
Blakeley B McShane1, Ulf Böckenholt1
1Marketing Department, Kellogg School of Management, Northwestern University.
Researchers can now accurately plan sample sizes using the power-calibrated effect size (PCES) method. This approach accounts for uncertainty in effect size estimates, ensuring appropriate sample sizes for desired statistical power in psychological research.
Area of Science:
- Psychological research methodology
- Statistical power analysis
Background:
- Statistical power and sample size are crucial for research validity.
- Effect size estimates in psychology often have associated uncertainty.
- Existing sample size planning methods may lead to underpowered or overpowered studies.
Purpose of the Study:
- To introduce a novel power-calibrated effect size (PCES) approach for sample size planning.
- To address the limitations of current methods in accounting for effect size uncertainty.
- To ensure accurate statistical power through properly calibrated sample sizes.
Main Methods:
- Derivation of the PCES for various statistical comparisons (means, proportions, correlations).
- Development of a method to properly calibrate sample size planning with uncertain effect sizes.
- Application of the PCES approach to replication study design.
Main Results:
- The PCES approach provides sample sizes that are neither too small nor too large.
- This method ensures the desired level of statistical power is achieved.
- PCES is applicable to a range of common statistical tests.
Conclusions:
- The PCES approach offers a more accurate and reliable method for sample size planning in psychological research.
- This approach mitigates the risks of underpowered or overpowered studies.
- Accessible tools (website, code) are provided to facilitate the use of the PCES method.
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