Students who Major in Business It has been reported that 20.4% of incoming freshmen indicate that they will major in business or a related field. A random sample of 430 incoming college freshmen were asked their preference, and 125 replied that they were considering business as a major Part: 0/2 Part 1 of 2 Estimate the true proportion of freshman business majors with 92% confidence. Round intermediate calculations to three decimal places and final answers to one decimal place. %