power analysis

How to Conduct Power Analysis?

Conducting power analysis involves several steps:
Define the Objective: Clearly outline what you aim to learn or achieve from the email campaign or experiment.
Determine Effect Size: Identify the minimum effect size that is considered practically significant for your objectives.
Set Alpha Level: Choose the significance level (commonly 0.05) to control the probability of a Type I error.
Determine Power Level: Typically set at 0.80 or 80%, this determines the probability of correctly rejecting a false null hypothesis, thus controlling for a Type II error.
Calculate Sample Size: Use statistical software or power analysis calculators to determine the required sample size based on the inputs above.

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