Re:The startup world’s cuddly, cutthroat battle to walk your...
by Retric on Friday September 14, 2018 @10:15PM
(#17992591)
First it was 500 dog owners out of ~1000 respondents ~= +/— 4.4%. So, Double that to 2000 people and you can get 3% accuracy on overall per ownership, assuming no systemic bias. But, slice that into 30-39 year olds and you have ~1/7 the data and thus much higher error bars.
Now, if they had sampled ~20,000 people then sure you can slice and dice like that. But slicing data always increases the risk of sampling bias as would anything that targets 30-39 year olds specifically.
Their methodology as outlined on their web site (https://store.mintel.com/mintel-methodology) and details the quotas they utilize to get what they feel is a statistically relevant cross section of data.
Anytime sampling is used, of course it's not going to be exact. But a 2000 person survey is, given equal statistical rigor, going to be better than a 500 person online survey and might be enough of a population to justify more detail.
(Unfortunately, the Mintel survey results cost $4300, so other than their methodology page it's going to be difficult for me to infer much more. But the methodology page seems to suggest they aim for +/-2 or 3% confidence level.)