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?
A) .4951
B) .0049
C) .9951
D) 0.5059
E) None of these are correct
Correct Answer:
Verified
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