Mathematical Background: Sample Size
To conduct statistical research or political polls that confidently reflect the opinions of a larger group, it is critical to determine the correct sample size. Cochran's formula provides the standard approach for binary (yes/no style) population proportions.
Understanding Cochran's Equations
Cochran's standard formula calculates the baseline sample size (n₀) for infinite or very large populations:
Where z represents the critical value based on the confidence level (from standard normal distributions), p is the expected population proportion (defaulted to 50% or 0.5 for maximum variance), and e represents the margin of error in decimal form.
For finite populations, Cochran's correction adjustment reduces this necessary count when the population (N) is known: