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  • Write You - Test Campaign Result Accuracy – Test Group Sizing – Part II

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    s p, the standard deviation is calculated by the following formula SEP = SQRT(p*(1-p) /N) . For example if the group size N ha
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    An approach to size test groups for a campaign has been presented in [Test campaign result accuracy – test group sizing – Part I]. However, how can one be sure that the size of the customer group used (the sample), is sufficient to provide statistically accurate results. Having carried out a test campaign on a sample (customer group) of a given size, one can estimate the range of the expected response rate.

    If the test campaign has been run on a group of size N and the response rate measured was p, the standard deviation is calculated by the following formula SEP = SQRT(p*(1-p) /N) . For example if the group size N has

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    I]. However, how can one be sure that the size of the customer group used (the sample), is sufficient to provide statistically accurate results. Having carried out a test campaign on a sample (customer group) of a given size, one can estimate the range of the expected response rate.

    If the test campaign has been run on a group of size N and the response rate measured was p, the standard deviation is calculated by the following formula SEP = SQRT(p*(1-p) /N) . For example if the group size N ha

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    y accurate results. Having carried out a test campaign on a sample (customer group) of a given size, one can estimate the range of the expected response rate.

    If the test campaign has been run on a group of size N and the response rate measured was p, the standard deviation is calculated by the following formula SEP = SQRT(p*(1-p) /N) . For example if the group size N ha

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    of the expected response rate.

    If the test campaign has been run on a group of size N and the response rate measured was p, the standard deviation is calculated by the following formula SEP = SQRT(p*(1-p) /N) . For example if the group size N ha

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    s p, the standard deviation is calculated by the following formula SEP = SQRT(p*(1-p) /N) . For example if the group size N has been 60 thousand and the response rate p was 4 %, then the standard deviation (SEP) is 0,08%. This means that one can be 68% confident that the response rate will range between 3,92% and 4,08% (within one standard deviation) or 95% confident that it will range between 3,84% and 4,16%. (the confidence level of 95% is the probability to fall within the response rate range and is found approximately 2 standard deviations from the mean).

    As can be understood by the formula above, the larger the si

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