A local men's clothing store is being sold. The buyers are trying to estimate the percentage of items that are outdated.

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A local men's clothing store is being sold. The buyers are trying to estimate the percentage of items that are outdated.

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A Local Men S Clothing Store Is Being Sold The Buyers Are Trying To Estimate The Percentage Of Items That Are Outdated 1
A Local Men S Clothing Store Is Being Sold The Buyers Are Trying To Estimate The Percentage Of Items That Are Outdated 1 (47.02 KiB) Viewed 10 times
A local men's clothing store is being sold. The buyers are trying to estimate the percentage of items that are outdated. They will choose a random sample from the store's inventory in order to determine the proportion of merchandise that is outdated. We want our 95% confidence interval to have a margin of error of no more than plus or minus 1%. How large of a sample do the buyers need? Hint: Don't forget that if you are using the formulas, your answer should be a whole number, rounded up.
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