Table 1.

Minimum sample size in SEM (Structural Equation Modelling) according to Hair, Black [41].

Sample Size	Criteria
100 participants	Research model contains 5 or less latent variables and each latent variable covers at least 3 indicators
150 participants	Research model contains 7 or less latent variables and each latent variable covers at least 3 indicators
300 participants	Research model contains 7 or less latent variables and some of the latent variables cover less than 3 indicators
500 participants	Research model contains more than 7 latent variables and some of the latent variables cover less than 3 indicators