Hu, Liqun; Wang, Tonghui; Trafimow, David; Choy, S. T. Boris - In: Asian journal of economics and banking : AJEB 9 (2025) 1, pp. 144-158
present work is concerned with determining the minimum sample size researchers should collect so their sample medians can be … authors show that the minimum sample size necessary for estimating the median using the exact method is substantially smaller … than that using the normal approximation method. Therefore, researchers can use the exact method to enjoy a sample size …