Leonard G. Johnson, Editor Wang H. Yee, Director
The Sample Size Answer
My dear friend, don't you know
The sampling question is one of dough?
It all depends on losses and gains,
and whether a buyer brags or complains.
The proper level of confidence
Will tell which sample size makes sense.
To stay in business you must ask,
What level of confidence will do the task.
This level of confidence will in turn
Require a sample that can earn.
Your earnings will then show a pace
Exceeding the losses you must face.
The factor in favor or making gains
Will prevent the losses from giving you pains.
So, my dear friend, just study and learn
How each size sample can lose or earn.
Then you will know the proper size
A sample must have to economize.
Leonard G. Johnson
June 2, 1979