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Increasing the Power of Your Study by Increasing the Effect Size
- Source :
- Journal of Consumer Research. 44:1157-1173
- Publication Year :
- 2017
- Publisher :
- Oxford University Press (OUP), 2017.
-
Abstract
- As in other social sciences, published findings in consumer research tend to overestimate the size of the effect being investigated, due to both file drawer effects and abuse of researcher degrees of freedom, including opportunistic analysis decisions. Given that most effect sizes are substantially smaller than would be apparent from published research, there has been a widespread call to increase power by increasing sample size. We propose that, aside from increasing sample size, researchers can also increase power by boosting the effect size. If done correctly, removing participants, using covariates, and optimizing experimental designs, stimuli, and measures can boost effect size without inflating researcher degrees of freedom. In fact, careful planning of studies and analyses to maximize effect size is essential to be able to study many psychologically interesting phenomena when massive sample sizes are not feasible.
- Subjects :
- Marketing
Analysis of covariance
Economics and Econometrics
Boosting (machine learning)
Computer science
05 social sciences
Degrees of freedom
Consumer research
050105 experimental psychology
Statistical power
Power (physics)
Arts and Humanities (miscellaneous)
Sample size determination
Anthropology
0502 economics and business
Covariate
Statistics
050211 marketing
0501 psychology and cognitive sciences
Business and International Management
Subjects
Details
- ISSN :
- 15375277 and 00935301
- Volume :
- 44
- Database :
- OpenAIRE
- Journal :
- Journal of Consumer Research
- Accession number :
- edsair.doi...........64a37e0070ba4ca9d151a59a2ec6face
- Full Text :
- https://doi.org/10.1093/jcr/ucx110