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A researcher wishes to conduct a study of the color preferences of new car buyers. Suppose that 50%50% of this population prefers the color blue.
A researcher wishes to conduct a study of the color preferences of new car buyers. Suppose that 50%50% of this population prefers the color blue. If 1212 buyers are randomly selected, what is the probability that exactly a fourth of the buyers would prefer blue? Round your answer to four decimal places.
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