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It has been reported that20.4%of incoming freshmen indicate that they will major in business or a related field. A random sample of300 incoming college freshmen
It has been reported that20.4%of incoming freshmen indicate that they will major in business or a related field. A random sample of300
incoming college freshmen were asked their preference, and75
replied that they were considering business as a major.
A) Estimate the true proportion of freshman business majors with98%confidence. Round intermediate calculations to three decimal places and final answers to one decimal place.
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