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Relative efficiency of confidence interval methods around effect sizes

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  • Doll, Monika

Abstract

Reporting effect sizes and corresponding confidence intervals is increasingly demanded, which generates interest to analyze the performance of confidence intervals around effect sizes. As effect sizes take on the value zero in case of no effect per definition, not only the inclusion of the population effect, but also the exclusion of the value zero are therefore performance criteria for these intervals. This study is the first to compare the performance of confidence interval methods applying these two criteria via determining their finite relative efficiency. Computing the quotient of two methods' minimum required sample sizes to achieve levels of both criteria allows to account for the problem of limitations in available observations, which often occurs in the educational, behavioral or social sciences. Results indicate that confidence intervals based on a noncentral t-distribution around the robust effect size proposed by Algina et al. (2005) possess high relative efficiency.

Suggested Citation

  • Doll, Monika, 2017. "Relative efficiency of confidence interval methods around effect sizes," FAU Discussion Papers in Economics 22/2017, Friedrich-Alexander University Erlangen-Nuremberg, Institute for Economics.
  • Handle: RePEc:zbw:iwqwdp:222017
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    References listed on IDEAS

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    1. Kelley, Ken, 2007. "Confidence Intervals for Standardized Effect Sizes: Theory, Application, and Implementation," Journal of Statistical Software, Foundation for Open Access Statistics, vol. 20(i08).
    2. Larry V. Hedges, 1981. "Distribution Theory for Glass's Estimator of Effect size and Related Estimators," Journal of Educational and Behavioral Statistics, , vol. 6(2), pages 107-128, June.
    3. Ronald L. Wasserstein & Nicole A. Lazar, 2016. "The ASA's Statement on p -Values: Context, Process, and Purpose," The American Statistician, Taylor & Francis Journals, vol. 70(2), pages 129-133, May.
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    Keywords

    Effect Size; Confidence Interval; Minimum Required Sample Size; Finite Relative Efficiency;
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