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In a college student poll, it is of interest to estimate the proportion p of students in favor of changing from aquarter-system to a semester-system. How many students should be polled so that we can estimate p towithin 0.09 using a 99% confidence interval?
Future Value
The estimated value of an investment or a financial asset at a specific future date, considering factors like interest rates or returns over time.
Interest Factor
A multiplier used to calculate the amount of interest accrued over a certain period of time.
Calculated
Determined or deduced by mathematical methods.
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