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A popular resort hotel has 500 rooms and is usually fully booked. About 6% of the time a reservation is canceled before the 6:00 p.m.

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A popular resort hotel has 500 rooms and is usually fully booked. About 6% of the time a reservation is canceled before the 6:00 p.m. deadline with no penalty. What is the probability that at least 460 rooms will be occupied? Use the binomial distribution to find the exact value. The probability is (Round to four decimal places as needed.)

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