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Last Published June 07, 2018 01:16 PM October 17, 2021 11:09 AM
Planned Number of Clusters One treatment with control on 129,949 clients One treatment with control on 3,054,438 customers (374,893 control)
Planned Number of Observations The control group is 19,984 clients and the treatment group is 153,280 clients. Control group could be increased using existing observational data of other non-treated clients. The control group is 3,054,438 clients and the treatment group is 374,893 clients
Sample size (or number of clusters) by treatment arms One treatment 173,264 clients in total, 153,280 treated. Control group could be increased using existing observational data of other non-treated clients. The control group is 3,054,438 clients and the treatment group is 374,893 clients
Power calculation: Minimum Detectable Effect Size for Main Outcomes We consider the deviation from normalized monthly spending, savings, and balances, which have (upper bound) an across-clients standard deviation of 70%, then the sample size of 153,280 treated clients, will enable us to detect a 0.5 percent deviation, with 79.9% statistical power (rule-of-thumb value is 80%) and a 5% alpha error. We consider the deviation from normalized monthly spending, savings, and balances, which have (upper bound) an across-clients standard deviation of 70%, then a sample size of 150,000 treated clients, will enable us to detect a 0.5 percent deviation, with 79.9% statistical power (rule-of-thumb value is 80%) and a 5% alpha error.
Keyword(s) Finance Finance
Building on Existing Work No
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