### Students Who Major in BusinessIt has been reported that 20.4% of incoming freshmen indicate that they will major in business or a related field. A random sample of 230 incoming college freshmen were asked their preference, and 49 replied that they were considering business as a major.#### Part: 0 / 2#### Part 1 of 2Estimate the true proportion of freshman business majors with 96% confidence. Round intermediate calculations to three decimal places and final answers to one decimal place.\[ \% < p < \% \]Here, there is a space provided for entering the numerical range of the estimated proportion of freshmen who might major in business, expressed as a percentage. This estimation is to be determined with 96% confidence level, which typically involves using statistical methods to calculate a confidence interval based on the sample data provided.

Given: The value of x is 49. The value of n is 230. The confidence interval is 96%. Thus, the value…

Answered: Students Who Major in Business It has…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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