Question

Ronald Fast Food randomly selected %20, percent of locations and asked the manager about the most popular meat. Of the locations surveyed, beef is the most popular meat at 4 locations.

Based on the data, what is the most reasonable estimate of the number of Ronald Fast Food locations where the most popular meat is beef?

Answer 1

Approximately 2%. The reason is if you choose 20% and only have four with beef as the most popular, and approximately the number of restaurants is 15.