We're currently trying to determine a reference price to be able to use on a package, in an empirical research, by asking 5 questions to the participants. How many participants do we have to reach to determine the reference price, for a pilot test? In main test (it will be a quasi-experimental design), we're planning to reach 200 participants, 50 for each group, with approximately 20 items in total. Thanks for your answers!

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