diff --git a/docs/sources/CHANGELOG.md b/docs/sources/CHANGELOG.md
index b36e607be..bc39e0db7 100755
--- a/docs/sources/CHANGELOG.md
+++ b/docs/sources/CHANGELOG.md
@@ -23,7 +23,7 @@ The CHANGELOG for the current development version is available at
 - The `bias_variance_decomp` function now supports Keras estimators. ([#725](https://github.com/rasbt/mlxtend/pull/725) via [@hanzigs](https://github.com/hanzigs))
 - Adds new `mlxtend.classifier.OneRClassifier` (One Rule Classfier) class, a simple rule-based classifier that is often used as a performance baseline or simple interpretable model. ([#726](https://github.com/rasbt/mlxtend/pull/726)
 - Adds new `create_counterfactual` method for creating counterfactuals to explain model predictions.  ([#740](https://github.com/rasbt/mlxtend/pull/740))
-
+- Adds a sample size estimator for binomial proportions. ([#730](https://github.com/rasbt/mlxtend/pull/730) via [@pkaf](https://github.com/pkaf)))
 
 ##### Changes
 
diff --git a/mlxtend/evaluate/sample_size_estimate.py b/mlxtend/evaluate/sample_size_estimate.py
new file mode 100644
index 000000000..2b38fc384
--- /dev/null
+++ b/mlxtend/evaluate/sample_size_estimate.py
@@ -0,0 +1,82 @@
+# Sebastian Raschka 2014-2020
+# mlxtend Machine Learning Library Extensions
+#
+# A function to estimate sample size for hypothesis testing.
+# Author: Prajwal Kafle
+#
+# License: BSD 3 clause
+
+from scipy import stats as st
+
+
+def binomial_proportions(baseline_conversion, minimum_effect,
+                         confidence_level=95, power=80,
+                         test='two-sided'):
+    """ This function estimates the sample size to detect
+    minimum uptake in a control group relative to a given baseline
+    conversion rate of a control group with a given power and
+    confidence level.
+
+    Parameters
+    ----------
+    baseline_conversion: percentage
+        Conversion rate of variant A/control group.
+    minimum_effect: percentage
+        Minimum detectable effect determines conversion rate of
+        variant B/treatment group.
+    confidence_level: percentage (float, default: 95)
+        where, significance level = 1 - confidence_level/100.
+        For a confidence level of 95%, alpha = 0.05.
+    power: Statistical power in percentage (default: 80%)
+        beta = 1 - power/100 is Type II error.
+    test: str (default: two-sided)
+        Option one-sided is valid too.
+
+    Returns
+    -------
+    n: int
+        sample size
+
+    Notes
+    ------
+    Function uses t-distribution to find critical values
+
+    Reference
+    ---------
+    https://select-statistics.co.uk/calculators/sample-size-calculator-two-proportions/
+
+    """
+
+    if minimum_effect <= 0:
+        raise ValueError("Function is valid only for a "
+                         "positive uptake (i.e. minimum_effect > 0 ).")
+
+    if baseline_conversion <= 0:
+        raise ValueError("Function is valid only for a "
+                         "positive baseline conversion rate.")
+
+    # type I error
+    alpha = 1 - confidence_level/100
+
+    if test == 'two-sided':
+        alpha = alpha/2
+
+    # Critical values of the t-distribution at alpha/2 and beta
+    z_alpha_over_2 = st.t.ppf(1 - alpha, df=1000)
+    z_beta = st.t.ppf(power/100, df=1000)
+    z_total = z_alpha_over_2 + z_beta
+
+    # Converting percentages to proportion
+    conversion_rate_variant_a = baseline_conversion/100
+
+    # Conversion rate of variant B is increment in conversion rate of variant A
+    # by minimum detectable effect.
+    conversion_rate_variant_b = \
+        (1 + minimum_effect/100) * conversion_rate_variant_a
+
+    n = (z_total/(conversion_rate_variant_a -
+                  conversion_rate_variant_b))**2 * \
+        (conversion_rate_variant_a * (1 - conversion_rate_variant_a) +
+         conversion_rate_variant_b * (1 - conversion_rate_variant_b))
+
+    return int(n)
diff --git a/mlxtend/evaluate/tests/test_sample_size_estimate.py b/mlxtend/evaluate/tests/test_sample_size_estimate.py
new file mode 100644
index 000000000..b4b523ed1
--- /dev/null
+++ b/mlxtend/evaluate/tests/test_sample_size_estimate.py
@@ -0,0 +1,18 @@
+# Sebastian Raschka 2014-2020
+# mlxtend Machine Learning Library Extensions
+# Author: Prajwal Kafle
+#
+# License: BSD 3 clause
+
+from mlxtend.evaluate import sample_size_estimate
+
+
+def test_one_sided_binomial_proportion_estimates():
+    n = sample_size_estimate.binomial_proportions(15, 20, 95, 80,
+                                                  test='one-sided')
+    assert 1892 == n
+
+
+def test_two_sided_binomial_proportion_estimates():
+    n = sample_size_estimate.binomial_proportions(15, 20, 95, 80)
+    assert 2403 == n