7. Sampling Distributions & Confidence Intervals: Mean
7. Sampling Distributions & Confidence Intervals: Mean / Introduction to Confidence Intervals / Problem 2
Problem 2
A team evaluating sustainable packaging wants to estimate the proportion of retail brands that use biodegradable materials in their products. Find the minimum sample size required for this estimate, assuming a confidence level and a margin of error of . Earlier research indicates that around of retail brands have adopted biodegradable packaging.