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A group of realtors estimates that 23% of all homes purchased last year were considered investment properties. If a sample of 800 homes sold last year is obtained, what is the probability that at most 200 homes are going to be used
as investment property? Round to four decimal places.
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Transcribed Image Text

A group of realtors estimates that 23% of all homes purchased last year were considered investment properties. If a sample of 800 homes sold last year is obtained, what is the probability that at most 200 homes are going to be used as investment property? Round to four decimal places.