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A group of realtors estimates that23% of all homes purchased last year were considered investment properties. If a sample of 800 homes sold last year
A group of realtors estimates that23% of all homes purchased last year were considered investment properties. If a sample of 800 homes sold last year isobtained, what is the probability that at least 175 homes are going to be used as investmentproperty? Round to four decimal places.
A.
0.2236
B.
0.4821
C.
0.7764
D.
0.5189
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