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A brokerage survey reports that38% of all individual investors have used a discount broker (one that does not charge the full commission). If a random

A brokerage survey reports that38% of all individual investors have used a discount broker (one that does not charge the full commission). If a random sample of115 individual investors is taken, approximate the probability that at most40 have used a discount broker. Use the normal approximation to the binomial with a correction for continuity.

Round your answer to at least three decimal places. Do not round any intermediate steps.

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