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The TreeDropp'd Fruit Company wants to sell its apples overseas in attractive pink and yellow gift boxes. To design the boxes, the company needs to
- The TreeDropp'd Fruit Company wants to sell its apples overseas in attractive pink and yellow gift boxes. To design the boxes, the company needs to estimate the average diameter of their apples. A random sample of 50 apples has a mean of 4.1 inches. Using previous research, you assume a population standard deviation of .4 inches. (As you continue to study statistics you will look at how to estimate , which is what researchers do in the real world. For now, assume you know it.)
- If you wanted to construct a 99% confidence interval with a margin of error of 1% of the point estimate, what is the minimum number of apples you will need in your sample? (3 points)
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