Hi everyone, I need help in how to determine the small, medium and large sample size for correlation coefficients? is there any reference or journal about that? Thanks in advanced!
You need more data if you would like to prove weak correlation as statistically significant (e.g. corr = 0.20) than if you would like to prove as significant strong correlation (e.g. corr = 0.80).
See https://support.sas.com/documentation/cdl/en/statug/63033/HTML/default/viewer.htm#statug_power_sect005.htm for details (if you have SAS software available)
You can use G*Power software to calculate sample size for correlation or any other experiment, G*Power is free to download and easy to use after reading the manual, the download link:
Determining the sample sizes involve resource and statistical issues. Usually, researchers regard 100 participants as the minimum sample size when the population is large. However, In most studies the sample size is determined effectively by two factors: (1) the nature of data analysis proposed and (2) estimated response rate.
For example, if you plan to use a linear regression a sample size of 50+ 8K is required, where K is the number of predictors. Some researchers believes it is desirable to have at least 10 respondents for each item being tested in a factor analysis, Further, up to 300 responses is not unusual for Likert scale development according to other researchers.
Another method of calculating the required sample size is using the Power and Sample size program (www.power-analysis.com).