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It has been estimated that 25% of all university students switch majors within their first two years of starting classes. If a random sample of 500 third-year students is taken at a city university, what is an estimate of the probability that 20% or more had switched majors within their first two years?
Genuinely Agree
Indicates a sincere concordance or acceptance between parties without hidden disagreements.
Defense
Legal strategies and arguments presented to protect, justify, or exonerate a defendant in a legal proceeding.
Misrepresentation
An untrue assertion made by one party to another that influences the latter to enter into a contract.
Bilateral Mistake
A mistake that occurs when both parties to a contract are mistaken about the same material fact.
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