Question: Formal sample size issues are important only in academic (enumerative) statistics. In analytic statistics, the answer to How much data? is Enough to characterize the

Formal sample size issues are important only in academic (enumerative) statistics. In analytic statistics, the answer to "How much data?" is "Enough to characterize the underlying situation." (2019, Nash et al., pp. 155-156) Why is this the case? How is academic/research statistics fundamentally different from analytic situation such as this

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